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The income tax system of the United States is a progressive tax system for individual taxpayers. Whereas corporations pay a flat 21% (proportional income tax system). What surprised you about the tax system in the United States? What experience, if any, do you have with taxation in the United States? As adults, I am sure you are subject to some of the taxes mentioned in the chapter. Lastly, in two or three sentences, discuss any tax-related issue currently in the news.


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