Tax code has upside-down rewards

By: Bloomberg News September 12, 2011

As the supercommittee created by Congress to cut $1.5 trillion from the federal deficit over the coming decade begins its work, one thing that is said to be on the agenda is tax reform. Given the complexities involved in a broad-scale overhaul of the tax system, don’t hold your breath that we’ll see anything comprehensive enacted this year.

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Tax code has upside-down rewards

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