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Like Kind Exchanges were nearly eliminated a few years ago, but saved by heavy lobbying by the real estate industry. It delays taxes paid by

Like Kind Exchanges were nearly eliminated a few years ago, but saved by heavy lobbying by the real estate industry. It delays taxes paid by real estate investors, potentially forever. Put yourselves in your senators' shoes: (1) Should Like Kind Exchanges be expanded, reduced, or removed? Why? (3 pts)

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