Taxes and the Impact to the Economy

“Taxes and the Impact to the Economy”
By Phyllis Hunsinger
January 1, 2014

Each year for many Americans, the New Year’s Eve festivities recede to memory to be replaced front and center by the thought of taxes: finding and compiling the paperwork for taxes, followed by the payment of taxes. There is perhaps no more onerous task than understanding the tax laws, complying with the tax codes, and payment of taxes.

Yet, individuals are not the only ones affected by taxes. The influence on the economy …

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