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In the U.S., economic mobility is not only a possibility, but a reality for millions of people because ingenuity and hard work are rewarded. Each person owns her labor, property, and resources (capitalism) and can determine how to create value for society (economic freedom) rather than be directed and controlled by a central government. Government’s role in our economy should be limited, low taxes and sensible regulations, rather than wasteful red tape, so that people have flexibility and opportunity as workers and consumers.
IRS Again Delays Devastating Venmo Tax Reporting Rule IRS Again Delays Devastating Venmo Tax Reporting Rule
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IRS Again Delays Devastating Venmo Tax Reporting Rule

WASHINGTON, D.C. – The Internal Revenue Service (IRS) announced today that it is delaying the new $600 Form 1099-K reporting threshold for third-party settlement…

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