8 Technological Changes Since the 1986 Tax Reform

October 22, 2013

The world has changed significantly since the last time we reformed the tax code, but the U.S. tax code has failed to remain on the cutting edge. Here is a list of 8 technological changes that have occurred since the last time we had major tax reform.

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A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.