Senate approves tax relief bill for manufacturers
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The Senate today passed a far-reaching, $136 billion corporate tax package that cuts taxes for businesses ranging from film companies to bow-and-arrow makers while closing tax loopholes and bringing US exporters in line with
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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 and $10.1 billion separately to buy out tobacco farmers' government quotas...
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President George W. Bush signed a $136 billion corporate tax relief bill yesterday that could provide substantial savings for some of Massachusetts' biggest manufacturers, life sciences companies, and even some fishermen.
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The House overwhelmingly approved a $146 billion shot in the arm for the nation's ailing economy yesterday, sending a stimulus package to the Senate with a bipartisan appeal not to slow down the bill with significant changes.
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LOS ANGELES -- The City Council unanimously passed a tax relief package aimed at keeping film companies and other businesses from leaving Los Angeles.
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The US Senate on Monday gave final approval to a sweeping corporate tax-break bill, the culmination of a two-year effort in Congress to end a trade dispute with the European Union over US export tax subsidies.
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The Senate cleared a path 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 reserve soldiers on active duty in Iraq.
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The Senate late Sunday resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing the way for senators to adjourn Monday to hit the campaign trail.
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An agreement in the Senate appeared within reach on an economic-stimulus program on Thursday.
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The U.S. Senate Finance Committee on Wednesday approved a $157 billion economic stimulus package that offers smaller tax rebates to more people than a plan passed by the U.S. House of Representatives.
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The House of Representatives on Thursday approved a huge corporate tax bill aimed at ending a trade dispute with the European Union while giving American manufacturers a new tax break.
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WASHINGTON The US Senate has passed a far-reaching, 136 (b) billion dollar corporate tax package that includes a ten-point-one (b) billion dollar buyout for tobacco farmers.
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The House of Representatives on Wednesday gave overwhelming final approval to a bill that would ensure millions of middle income taxpayers do not become ensnared by a tax originally designed for millionaires.
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The Senate voted overwhelmingly today to increase the federal minimum wage for the first time in nearly a decade, but added tax breaks for small businesses that are unacceptable to House leaders, preventing Democrats from claiming a quick victory on one of their top legislative priorities.
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The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.
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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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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