Obama Crafting $300 Billion Tax Cut Plan
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According to reports from the Wall Street Journal, President-elect Barack Obama and congressional Democrats are eyeing a $300 billion tax cut plan to individuals and businesses in a move to attract Republican support for an economic-stimulus package and to spur job growth.
The size of the proposed tax cuts, which could account for 40% of the $775 billion stimulus package, is greater than many on both sides had anticipated.
LINK TO WSJ ARTICLE($)
The size of the proposed tax cuts, which could account for 40% of the $775 billion stimulus package, is greater than many on both sides had anticipated.
LINK TO WSJ ARTICLE($)
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