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Thursday, January 24, 2013

Republican governors open new front in tax debate

Republican governors open new front in tax debate

From the piece:

In particular, they are focusing more attention on the idea, long championed mostly by conservatives but accepted up to a point by economists of all stripes, that the economy would be better served by focusing taxation on consumption rather than on income. And as they do so they are reigniting an ideological conflict about whether it is possible to move away from a system built around progressive taxation of income without benefiting the wealthy at the expense of middle- and lower-income people.

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