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Consumer Reports

7 Tax Terms to Know as Congress Confers

By Tobie Stanger

“It means higher tax than would be the case under the CPI used now,” says Eric Bronnenkant, a certified public accountant and head of the tax department at Betterment, an online financial adviser based in New York City. “In the short term, the dollar amounts of difference are nominal, but over 30 years they become much more pronounced.”

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This article originally published December 8th, 2017 on Consumer Reports.