Congress Sends Bush Corporate Tax Bill
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The U.S. Senate easily gave final  congressional approval on Monday to a huge corporate tax bill  that aims to end a trade fight with the European Union by  repealing U.S. export tax subsidies that violate global trade  rules.
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The House and the Senate overwhelmingly approved the $146 billion measure, sending President Bush what would be his fourth tax cut in four years.
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Without fanfare, President Bush signed into law on Friday a nearly &#36;140 billion corporate tax cut bill derided by both Democratic presidential rival John Kerry and Republican Sen. John McCain as a giveaway to special interests.
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The Senate gave final approval yesterday to the most significant corporate tax legislation in nearly 20 years, sending President Bush a 650-page measure that closes egregious tax loopholes, reduces taxes for domestic producers, and doles out tax breaks for interests ranging from tackle box makers to native Alaskan whaling captains.
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The US Congress approved a $145 billion bill providing new corporate tax breaks and a buyout for tobacco farmers as part of legislation that eliminates an export tax credit ruled illegal by the World Trade Organization.
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With no fanfare, President Bush today signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses and other groups.
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With no fanfare, President Bush on Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses, farmers and other groups.
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WASHINGTON - With no fanfare, President Bush Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses, farmers and other groups.
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The House last night passed the most sweeping rewrite of corporate tax law in nearly two decades, a measure designed to end a nasty trade war with Europe and shower $136
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A sweeping corporate tax bill that would dole out nearly $140 billion in business breaks over the next decade was unexpectedly delayed in the Senate on Sunday over its failure
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WASHINGTON - The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out $136 billion in new tax breaks to a wide array of U.S. companies and provide a $10.1 billion buyout for the nation's tobacco farmers...
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WASHINGTON - With no fanfare, President Bush on Friday signed into law the most sweeping corporate tax law in nearly two decades and the fifth major tax cut since he took office less than four years ago.
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WASHINGTON, DC -- The Senate struck a deal Monday to allow passage of a sweeping corporate tax bill. The agreement on that and two other measures clears the way for the Senate to adjourn on Monday and hit
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The House last night passed a sweeping rewrite of corporate tax law, a measure designed to end a trade war with Europe and shower $136 billion in new tax breaks on businesses, farmers, and other groups.
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Democratic and Republican leaders in Congress reached a tentative deal with the Bush administration on tax rebates and business tax cuts.
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The Senate gave final approval Monday to the most significant corporate tax legislation in nearly 20 years, sending President Bush a sprawling, 650-page measure that closes
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The US Senate on Monday passed a $136 billion corporate tax package that cuts taxes and closes loopholes. The bill, which took two years to complete, is expected to help about 200,000 US manufacturers create jobs, said Sen.