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Carson Daly on World Mental Health Day 10/09/24

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Tax Policy and Economic Impacts

This chapter explores the debate surrounding corporate tax rates, particularly the proposed increase from 21% to 28%, and its potential effects on small businesses and the economy. It addresses the consequences of tax proposals for businesses earning over $400,000, emphasizing the need for competitive tax structures in the face of rising inflation and government spending. Additionally, the chapter discusses the economic repercussions of COVID-19-related policies and the complexities of attributing inflation to specific financial decisions amidst contrasting perspectives on the current economic landscape.

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