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Republican tax proposals miss the point on income gap Add to ...

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The United States is one of the most lightly taxed places on the planet. Dave Camp, the head of the the Republican tax-writing committee, wants to make the tax burden of Americans even lighter.

Mr. Camp proposes an overhaul of the U.S. tax system that would drop the top individual tax rate and the levy on business profits to 25 per cent from 40 per cent and 35 per cent, respectively, among many other things.

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