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Originally Posted by JackSpratts
..........i'm not an accountant, and all these plans are works in progress but under kerry they would probably get taxed much less than they now are under bush.
- js.
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not according to the U.S. Chamber of Commerce Jack
http://www.uschamber.com/press/relea...arch/04-37.htm
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Under Kerry’s proposal, businesses that operate both in the U.S. and overseas would pay higher taxes than companies that operate exclusively inside the U.S.
“Pitting U.S. companies against each other is not wise economic policy,” said Josten. “And raising the top individual tax bracket across the board – which will hurt millions of small businesses that create most of the new jobs in America – to pay for a targeted tax cut will interrupt our economic recovery.
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