50 Years Ago Today, JFK Called For Closing A Giant Tax Loophole...But It Still Exists

From ThinkProgress Thu Jan 24 2013, 13:10:59

Our guest blogger is Seth Hanlon, Director of Fiscal Reform at the Center for American Progress Action Fund. On January 24, 1963, exactly half a century ago, President John F. Kennedy called on Congress to enact a broad overhaul of the tax code. One of JFK's boldest proposals was to close a giant tax loophole [...]

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