What are the current debates and discussions surrounding tax policy in the United States, and what proposals have been made to reform the tax system?
The current debates and discussions surrounding tax policy in the United States focus on a number of issues, including:
- Tax fairness:Â There is a growing debate about whether the current tax system is fair. Some people argue that the system is unfair to low- and middle-income earners, who pay a disproportionate share of their income in taxes. Others argue that the system is unfair to high-income earners and corporations, who benefit from tax loopholes and deductions.
- Tax simplification:Â The US tax code is one of the most complex in the world. Many people argue that the system should be simplified to make it easier for taxpayers to understand and comply with.
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