Senate Passes $136 Billion Corporate Tax Bill
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The federal tax bill was approved by the Senate 69-17 after passing the House a week earlier by 280-41. Mr. Bush is expected to sign it, claiming it as support for the economy -- even though
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In the final hours of Republican rule, the Senate on Wednesday put forward an all-purpose bill covering everything from normalized trade with Vietnam and tax breaks for millions of taxpayers to an expansion of offshore oil drilling.
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The US House has approved a $136 billion corporate tax cut package, but the measure faces hurdles to passage in the Senate. The overall bill is aimed at repealing a corporate
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The US Senate cleared the way for passage of a bill that would replace a tax break for exporters ruled illegal by the World Trade Organization with $145 billion in tax cuts and payments
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US Senate and House of Representatives negotiators agreed on Wednesday on a huge corporate tax bill that will repeal export subsidies that violate global trade rules and give manufacturers a new tax break.
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U.S. Senate and House of Representatives negotiators agreed on Wednesday on a huge corporate tax bill that will repeal export subsidies that violate global trade rules and give manufacturers a new tax break.
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WASHINGTON - The Senate passed a far-reaching, $136 billion corporate tax package Monday that cuts taxes for businesses ranging from film companies to bow and arrow makers while closing tax loopholes and bringing U.S. exporters in line with international trade rules...
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Without fanfare, President Bush  signed into law on Friday a nearly $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 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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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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The US Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping bill to provide $136 billion (?110 billion) in corporate
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WASHINGTON - President Bush cleared the way for $136 billion in new tax breaks on businesses, farmers and other groups yesterday, quietly signing the most sweeping rewrite of corporate-tax law since 1986.
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The Senate passed a far-reaching, $136 billion corporate tax package Monday that cuts taxes for businesses ranging from film companies to bow and arrow makers while closing tax loopholes and bringing U.S. exporters in line with international trade rules.
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The Senate cleared a path on Sunday for a bill to hand out about $140 billion in corporate tax breaks, but it was blocked from a final vote by a fight over a provision aimed at helping reservists on duty in Iraq.
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WASHINGTON -- Congress Monday approved a $136 billion in 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 on Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering &#36;136 billion in new tax breaks on businesses, farmers and other groups.
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Election year politics result in the passing of a multi-billion dollar tax cut package. The Senate overwhelmingly approved the measure 92-3 last night.