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Obama Wanted a Corporate Tax Cut Too

Capitalisn't

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Tax Reform

People who used to be compensated as employees can establish their own passenger businesses now and call themselves consultants. And there are apparently some safeguards put in place to prevent this, but a bunch of tax professionals got together and published an report that was basically like, nah, there's still loopholes. I'm not trying to defend the Trump tax reform. What I'm trying to highlight is the motivations behind this reform were not as crazy as they appear.

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