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To: Mark Adams who wrote (3164)10/18/2001 12:10:42 AM
From: frankw1900Read Replies (1) | Respond to of 24758
 
I'm not defending them. I'm merely suggesting that changes in the tax law may have ramifications beyond that presented in the popular press, and I'm opposed to an elimination of corporate taxes because I believe it would be regressive and further increase existing distortions into economic behavour.

What is "regressive"? What are the "distortions"?