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Why tax reform and tax cuts are not the same thing

NEW YORK (CNNMoney) -- In hopes of moving quickly past their failed attempt at repealing Obamacare last week, Republicans and the White House have been talking about the next big thing they'll address: tax reform.

But from the president on down, the term "tax reform" is often used interchangeably with "tax cuts."

They are two very different things.

Tax reform, which may include tax cuts, is harder to achieve and involves tough tradeoffs. Tax cuts, on their own and without man

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