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Income is what I pay taxes on. Canada does not tax cash gifts, since the tax has been paid by the gifter already. In this case, the credit card is a supplementary card

Chancellor George Osborne is confronting a political storm. Business leaders are described as ‘livid’. Jobs are at risk.

Tax. It might not seem sexy, but tax policy – who, when and why the state taxes – is at the heart of determining the character of a society. CAM delves into the history and the politics of taxation. The year is 2012. Chancellor George Osborne is confronting a political storm. Business leaders are described as ‘livid’. Jobs are at risk.

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