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How the rich avoid taxes using strategies available only to them

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are some strategies they use to do that.

Opinion: The FairTax Act is doomed by design

The proposal might offer a simpler alternative to the complex US corporate tax system, but a national sales tax is still a dead end in American politics.

What is national consumption tax? How it differs from income tax

What is a federal tax credit? Understanding how this deduction works

A tax credit is the dollar-for-dollar amount of money that taxpayers subtract directly from the income taxes owed. A federal tax credit is granted by the federal government.

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