Powell’s Catch-22 | The Fed Decision, IRS cutbacks, Ireland’s Corporate Tax
Wall Street Week
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Economic Implications of Stagflation and IRS Budget Cuts
This chapter explores the economic risks posed by stagflation, as alluded to by a key financial figure, while also addressing the contentious budget cuts proposed for the IRS. It emphasizes the crucial role of the IRS in tax collection and the financial difficulties caused by its chronic underfunding.
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