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Tax-Extender Follies
Every year or so, Congress reauthorizes a package of expiring tax provisions commonly known as “tax extenders.” Usually, these extenders grant some economic privilege tailored to some particular group or business interest.
READ MOREThe Bad Theory Behind Overtime Rules
With its mechanical understanding of the process of wealth generation, the Department of Labor wildly exaggerates the role of labor hours in discerning, determining, and measuring economic value.
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