11min chapter

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Warning Labels for Social Apps? & IRS Closes $50B Loophole

Morning Brew Daily

CHAPTER

Addressing Social Media Concerns and Tax Avoidance Crackdown

The chapter explores proactive approaches to tackling social media issues, including implementing warning labels and safety measures. It also delves into the IRS's crackdown on tax avoidance practices, targeting basis shifting among large partnerships to increase tax revenue and scrutinizing personal flights on corporate jets.

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