Obama reveals further details of tax plans

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Obama reveals further details of tax plans

May 11 2009

The US Treasury department yesterday issued an extensive general explanation of the tax relief and revenue-raising proposals included in the Administration's FY2010 budget. The publication, known as the green book, gives further details of business tax increase proposals, including the proposals affecting deferral, foreign tax credits, check-the-box, and LIFO repeal.

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