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On 23rd February 2009, a new Tax legislation was drafted by U.S. Senators Ron Wyden (D‐Ore.) and Judd Gregg (R‐N.H.). If you want you can read more about it here. Even though it is called The Bipartisan Tax Fairness and Simplification Act of 2010, it is not really fair and oversimplified at best. Let’s summarize [...]

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