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Under the double-entry system, revenues must always equal expenses.
Conservative Agenda
A political ideology focusing on maintaining traditional values, limited government, and free market principles.
Ronald Reagan
The 40th President of the United States (1981-1989), known for his conservative policies and role in ending the Cold War.
Tax Reform Act
Legislation aimed at altering tax policies, often seeking to adjust rates, broaden the tax base, or simplify the tax code. Specific acts by this name have been enacted in various years in different countries.
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