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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WASHINGTON (CBS.MW) -- House and Senate lawmakers reached a deal Wednesday on a massive corporate tax bill that would repeal a portion of the tax code that has spurred mounting retaliatory sanctions by the European Union.
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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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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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The US 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 US export
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After a day-long attempt to delay action, the Senate moved forward Sunday with debate on a $136 billion corporate tax cut package.
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WASHINGTON In an act of pre-election largess, US House and Senate negotiators have approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with about $145-billion worth of new tax cuts.
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The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out &#36;136 billion in new tax breaks to a wide array of U.S. companies and provide a &#36;10.1 billion buyout for the nation's tobacco farmers.
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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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President George Bush Friday, without ceremony, signed into law a $136 billion US corporate tax cut bill. The bill gives tax breaks to a range of businesses from farmers to Hollywood producers to large corporations.
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A huge tax bill that Congress passed last week contained a little-noticed gift for select corporations -- tens of millions of dollars in breaks on import tariffs.
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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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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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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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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 US companies and provide a $10.
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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.