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SILOs –more action needed?

…“buy” the federal income tax depreciation deductions on municipal equipment. The municipalites couldn’t use the deductions, since municipalities are tax-exempt entities. The buying corporations were subject to US tax (usually,…

Wealth Tax in California

…(CBO) and Joint Committee on Taxation (JCT) shows that the bill worsens inequality, gives the ultra-rich a historic tax break, and makes working people worse off. Adding insult to injury,…