Senator Starts Corporate Tax Bill Protest
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Known as one of the Senate's more moderate Democrats, Mary Landrieu of Louisiana undertook a fiery defense Sunday of military reservists that threatened to delay passage of a corporate tax bill and keep lawmakers in the Capitol rather than out campaigning.
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Democrats in the U.S. House of Representatives introduced a bill on Friday that would more than double taxes on the pay of managers of private equity funds, hedge funds and other investment partnerships.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate yesterday when lawmakers upset about tobacco regulation, new overtime rules, and combat pay employed delaying tactics to keep the measure from coming up for a vote.
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Computerized phone calls noting that Sen. John McCain hasn't signed a pledge not to raise taxes. Hundreds of thousands of glossy union mailers using an image of two Band-Aids to illustrate the flaws in Sen. Barack Obama's health-care plan. And personal calls to homes assailing Sen. Hillary Rodham...
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Without fanfare, President George W. 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.
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House Republicans are working to eliminate or dilute provisions in a new corporate tax bill aimed at cracking down on illegal shelters.
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The Senate was poised today to vote on a bill that will provide $136 billion in new tax breaks for businesses and other groups and $10.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate on Friday when lawmakers upset about tobacco regulation, new overtime rules and combat pay employed delaying tactics to keep the measure from coming up for a vote.
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NEW YORK - The corporate tax legislation passed by the US Senate yesterday--billed as the most significant corporate tax legislation since 1986--adds roughly $137 billion in tax relief over ten years but is &quot;paid for&quot; by closing an export subsidy and by
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Leftist lawmakers who have charged that fraud marred the presidential election in July staged a protest inside Congress.
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Governor Deval L. Patrick, facing a daunting challenge as he tries to balance his first state budget, is looking hard at the same solution that his predecessor, Mitt Romney, employed in the early difficult fiscal days of his administration: declaring war on corporate &#145;&#145;tax loopholes.&#146;&#146;
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The Senate late yesterday resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses $10.1 billion to buy out tobacco farmers' government quotas...
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A proposed &#36;500 million tax increase to put more police on the streets of Los Angeles has drawn fire from opponents who say top law-enforcement officials are trying to scare voters into approving it with commercials that raise the specter of a suburban crime nightmare.
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Top House Democrats today introduced wide-ranging legislation that would more than double the tax rate that private equity firms, venture capital funds and many hedge funds pay on their gains.
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Supporters of a major rewrite of corporate tax law are optimistic they will be able to complete congressional action this week on legislation needed to end a bitter trade fight with Europe and shower &#36;130 billion in new tax breaks on businesses.
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Three Republican U.S. senators call on Congress to pass a permanent Internet tax ban before a moratorium expires Nov. 1.