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House Ways and Means Committee Chair's Opening Statement at Hearing on Tax Reform and Tax-Favored Retirement Accounts
Committee on Ways and Means, U.S. House of Representatives
[Opinion] Apr. 17, 2012
"As this Committee considers tax reform, [chairman Dave Camp says he believes] there are three important principles to keep in mind when evaluating tax-favored retirement vehicles: (1) simplification; (2) increased participation, particularly by low- and middle-income taxpayers; and (3) whether the tax benefits are effective and properly targeted."
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