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You are now in charge of the federal tax system and are

A. ) Explain the concept of vested benefits? What does it mean and is it a fair system? What are the requirements? Give an example as well.

B.) You are now in charge of the Federal Tax System and are able to make any changes you desire. What changes would you make and why? (This is an opinion type question but just make sure to look at all the aspects of your decision)

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Accounting Basics: You are now in charge of the federal tax system and are

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