Senate passes corporate tax bill
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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 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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Description: The Senate on Friday scrambled to finish work on the biggest revision of corporate tax codes Congress has considered since 1986.
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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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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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Senators turned their attention Sunday to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.
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WASHINGTON - The Senate on Sunday removed the last major hurdle stalling passage of the most sweeping overhaul of corporate taxes in nearly two decades.    By a 66-14 vote, lawmakers agreed to end the delaying tactics used by opponents of the tax bill...
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WASHINGTONââ Senators are turning their attention to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.
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The bill was approved by a 69-37 vote. It cuts taxes for businesses ranging from film companies to bow-and-arrow makers. It also closes tax loopholes and brings US exporters in line with international trade rules.
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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 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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The Senate on Monday approved $137 billion in tax breaks for corporations and special interests over 10 years, including a $10 billion buyout for tobacco farmers.
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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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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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The US House of representatives on Thursday passed a new corporate tax bill designed to end the trade war with Europe but the bill gives more tax cuts for some business including farmers and big companies.
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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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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.