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The U.S. tax overhaul supported by President Donald Trump and the Republican party will increase inequality and opportunities for tax avoidance, Nobel economics prize-winner Richard Thaler said Thursday."That looks to me like an invitation for lawyers to devise new ways of getting around taxes," said Thaler, who won the 9 million crown ($1.07 million) prize this year for work on how human nature affects supposedly rational decision-making.Taxes on pass-through companies' income are paid by owners in their individual returns and are currently higher than corporate taxes.The House of Representatives and Senate have differing plans on tax reform which now have to be reconciled into a single bill that could add $1.4 trillion over 10 years to the $20 trillion national debt.
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