ARCHIVED  December 1, 1996

Businesses face bevy of tax-law changes

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Congress passed many new tax laws this year, and as with tax changes every year, they’re intended to simplify tax law and generate more money into the economy.

Because tax law is never simple by nature, it is unlikely that the hand of Congress will do much to change that anytime soon.
“There are a couple of reasons why the tax code is so complicated,´ said Myron Hulen, associate professor teaching taxation at Colorado State University in Fort Collins. “The tax code is designed to stimulate the economy – they want to make money, and they want to encourage certain social…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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