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In addition they may possibly counter that some billionaires simply cannot avoid cash flow — and thus taxes. And following Loss of life, the prevalent comprehending goes, there’s a ultimate no-escape clause: the estate tax, which imposes a steep tax fee on sums over $11.seven million.

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The statement also mentioned: “The release of Get the facts a private citizen’s tax returns ought to elevate genuine privateness issues no matter political affiliation or sights on tax policy.

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