On the recordJuly 17, 2017
Requiring businesses that have operated using the cash method since their inception to suddenly pay tax on money they have not yet collected, and may never collect, is an effective tax increase.
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congress.govRequiring businesses that have operated using the cash method since their inception to suddenly pay tax on money they have not yet collected, and may never collect, is an effective tax increase.
John Thune criticizes tax increases on businesses using cash accounting.
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