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“Well, Farmers Not Have Made Much Money”: Coolidge’s Case Against Subsidies

“Well, Farmers Not Have Made Much Money”: Coolidge’s Case Against Subsidies

It has been said that the U.S. Tax Code is the perfect doppelganger of the block of Swiss cheese, with additional holes than one could count.

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Tax expenses, the sources of these holes, proliferate through the Code. an income tax expenditure is really a revenue loss due to making use of the taxation system to advertise social objectives, without directly appropriating income tax dollars.