Social Media Graphics on Federal Taxes
The major new tax law enacted in December 2017 is fundamentally flawed and will require a basic restructuring. It delivers windfall gains to wealthy households and profitable corporations, shrinks revenue at a time when the nation will require more revenue, and creates many new tax loopholes, shelters, and other opportunities to “game” the system. These social media graphics highlight key problems with the new law, as well as other federal tax policy issues.
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