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In recent years, certain states facing a high probability of catastrophic hurricane and earthquake exposures have added the burden of socializing the risk of individual and business property losses instead of leaving these private actions subject to voluntary insurance markets. In turn, these...
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The Multistate Tax Commission (MTC) was established out of concern over the lack of uniformity in interstate taxation and the fear that in the absence of voluntary uniformity the federal government would dictate the nature of uniformity. This paper first considers why the MTC was formed and what...
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