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Steve Forbes Has Run for President Twice on a Program

question 63

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Steve Forbes has run for president twice on a program of a "flat tax." Under a flat tax, there would be only one tax bracket for the federal income tax and most tax deductions and tax exemptions would be eliminated. Suppose that Forbes wins the 2008 presidential election. What would be the likely impact on the market for municipal bonds?


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The various biological and cognitive activities carried out by the brain, enabling perception, thought, memory, and decision-making.

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