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Why are You Paying this Optional Tax to the Government?

Why are You Paying this Optional Tax to the Government?

“For years, the income tax and gift and estate tax laws have been modified and amended to the degree that only tax lawyers and accountants could really make any sense out of them. Now, with the advent of the Tax Reform Act of 1976 and all of its cross implications, not even the tax lawyers and accountants are so sure of themselves.” – Robert S. Taft, New York Law Journal, Dec. 30, 1976

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