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Friday, March 09, 2007

House prepares small-business tax plan

House prepares small-business tax plan

House Democrats are expected to introduce a $1 billion small-business tax break package that will accompany the recent minimum-wage increase. The package, which is substantially smaller than the Senate's proposed $8 billion tax cut, calls for revenue increases to offset the tax breaks and is expected to go to the House Ways and Means Committee.

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small business, tax, congress, tax law

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