So basically what you are saying is that, politically, we would not be closing the so-called loopholes in order to raise the type of revenue that would be necessary to lower the top rates.
Charles Rangel: “So basically what you are saying is that, politically, we would not be closing the so-called loopholes in order to raise…”
Editor's note · Context
Rangel discusses the political challenges of closing tax loopholes for revenue.
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