What is the significance of the 'postcard' mentioned in the context of tax reports?
Cohn Says Americans Should Be Able to do Their Own Taxes
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The video discusses simplifying the tax filing process by eliminating itemized deductions, aiming for a 'postcard' tax return. It highlights the historical complexity of tax deductions and the goal of making tax filing easier for individuals. The video also defines the middle class as those earning between $60,000 and $160,000, acknowledging the variability in living standards across different regions.
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What challenges are mentioned regarding the definition of middle class?
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