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What do tax loopholes allow individuals and corporations to do?

User Derron
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What do tax loopholes allow individuals and corporations to do? Tax loopholes allow individuals and corporations to reduce their income legally. By giving these individuals and corporations a loophole (allowing them to avoid the purpose, or what is implied isn't exactly stated) so that they receive a tax break. This act is not illegal as it is not stated not to do something in black and white.
User Henrique Branco
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