Thursday, February 23, 2012

White House unveils corporate tax changes to fix 'unfair' system

Calling the system unfair, the Obama administration on Wednesday proposed a broad overhaul of the corporate tax code designed to reduce the rate that most companies pay by axing dozens of breaks designed for specific industries, particularly oil and gas production.


Source: http://feeds.latimes.com/~r/latimes/news/~3/P3677uU-kxw/la-fi-mo-corporate-taxes-geithner-20120222,0,2591629.story

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