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tax externalities across state-levels of fiscal advantage, showing that tax increases can be expansionary -- even without … externalities and horizontal tax competition. The model shows that, irrespective of federal redistribution, the contractionary …
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On December 17, 2017, Congress passed the Tax Cuts and Jobs Act (TCJA). Among its many impacts, the TCJA increased the inflation adjusted estate tax basic exclusion amount to $10,000,000 on a temporary basis. This has dramatic implications for many existing and future estate plans, including a...
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