Thursday, December 31, 2015

How the wealthy shape US tax policy

America's wealthiest people have managed to reshape US tax policy in ways that save their families millions or even billions of dollars a year, using a group of lobbyists, lawyers and anti-tax advocates known as the "income defense industry." The country's 400 wealthiest people paid 27% of their income in taxes under President Bill Clinton, but only 17% under President Barack Obama, IRS data show........ ....To Read More.....

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