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Obama’s Anti-Abuse Rules Slashed Inversions
This week, the Treasury Department finalized the last set of Obama-era regulations intended to curb tax-motivated corporate inversions. An inversion arises when a U.S. corporation...
July 13, 2018
Steven M. Rosenthal
Uncle Sam Is Smaller (Relatively) Than We Thought
At 8:30 this morning, Uncle Sam suddenly shrunk. Federal spending fell from 21.5 percent of gross domestic product to 20.8 percent, while taxes declined from...
July 31, 2013
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