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07. Taxes
An equitable tax system is essential to a healthy democracy and a thriving economy. Congress should conduct a comprehensive review and revision of the entire tax code, similar to that which was done in 1986. The new tax code should emphasize tax relief to hard-working middle-class Americans through the use of earned income tax credits and lower rates on dividends and capital gains. Congress should eliminate special interest tax loopholes while ensuring that middle-class Americans are not being penalized for their success and increased income or being subjected to the application of outdated programs such as the Alternative Minimum Tax (AMT).