The US plans to shift the tax burden onto ordinary people

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Accountancy Age reports that:

Business leaders in the world's biggest economy will be discussing US Treasury's latest tax reform proposal, including the lowering of corporate income tax to 28% and introduction of a so-called business activity tax, which would act as a VAT.

Yet again, the corporate world seeks to lower its tax bill by shifting it onto ordinary people with a smaller capacity to pay.

And the gap between the richest and poorest will get ever bigger.