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Tax holiday for big companies failed before

October 18, 2011
Sen. Carl Levin , Daily Press

WASHINGTON - As Americans continue to worry about jobs and the economy, some lobbyists in Washington are pushing for what they claim is the perfect solution - allowing multinational corporations to bring money from offshore subsidiaries back to the United States at an extraordinarily low tax rate. They call it a "repatriation" tax break.

 
 
 

 

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