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Tuesday, July 17, 2018

Can You Get A Tax Break For 'Manufacturing' A Hamburger?

David Cay Johnston explores some creative ways that companies could game the tax system after President Obama’s proposed reforms, in his column, “Obama’s Hamburger Problem:”

If President Barack Obama can persuade Congress to reduce the corporate income tax rate to 28 percent from 35 percent, he will move tax rates closer to what other modern countries charge.