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A new “Stamp Act”

Congressional Republicans working on a tax reform bill are considering changes in the way advertisement is taxed as a business expense. Currently, advertising spending is a 100 percent deductible business expense. But proposals under consideration would reduce that to a 50 percent deductible expense. This is, essentially, a modern version of the Stamp Act.

The post A new “Stamp Act” appeared first on Personal Liberty®.

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Young Americans and Hope for the Future

Bob Higgs in a recent post on all the foolishness in American higher education reminds us of what a danger we face as our colleges attempt to mold students into young Jacobins. In light of the state of American education, we need some bright spot on what is a dismal landscape. One bright spot…
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