Thursday - July 2, 2026
Center for American Progress: America's Business Tax Code Is Built for an Economy That No Longer Exists
July 02, 2026
WASHINGTON, July 2 -- The Center for American Progress issued the following news release on July 1, 2026:

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America's Business Tax Code Is Built for an Economy That No Longer Exists

The richest Americans increasingly rely on complex pass-through businesses resembling shell companies to avoid taxes and generate wealth

A new Center for American Progress analysis finds that the American business landscape has fundamentally changed over th . . .

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