Monday, November 9, 2015

A Guide to Statistics on Historical Trends in Income Inequality


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  2. Tax amnesty is a limited-time opportunity for a specified group of taxpayers to pay a defined amount, in exchange for forgiveness of a tax liability (including interest and penalties) relating to a previous tax period or periods and without fear of criminal prosecution. Often tax amnesty programs allow taxpayers with outstanding tax liabilities to satisfy the balance due by paying the originally assessed balance without penalties, and sometimes without penalties and interest.

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