Inside the deal: 50 tax breaks

  • Article by: STEPHEN OHLEMACHER , Associated Press
  • Updated: January 3, 2013 - 7:50 PM

It will help banks, individuals, retailers, manufacturers, and even race tracks and Puerto Rican rum-makers save billions.

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bootsy07Jan. 3, 13 8:18 PM

No wonder the approval rating of Congress is in single digits. It's time for term limits: one 6 year term for senators, one 4 year term for house members.

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Wally_99Jan. 3, 13 8:41 PM

Whoooooops Mr. Ohlemacher - the populace at large is getting screwed with tax HIKES, not breaks.

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marcymmbJan. 4, 13 3:54 AM

booysy07***Remember your president signed this bill. Its a good thing the 1% are taxed more somebody has to pay for all these tax breaks.

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formergopJan. 4, 13 7:18 AM

We need to know who sponsored these kind things, instead of being a mystery.

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luzhishenJan. 4, 13 8:27 AM

This is why the last minute deals are so important - that's the environment in which this stuff gets slipped into the bills and why the idea of coming up with $800 billion in tax code reform is an iffy proposition. The GOP could have had a cleaner bill weeks ago with actual budget cuts but the TP GOP members gave the leadership the excuse they needed.

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acctsah2Jan. 4, 13 9:50 AM

Kind of a who's who in the world of big contributions to politicians. Hollywood, NASCAR, Railroads, Restaurants, Manufacturing, Automotive........

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jimmy11Jan. 4, 1310:08 AM

I agree with formergop. Find out who were the sponsors of these bills.I tried to research H.R.8 and was referred back to bills from 2010,2008,2006,and1986.

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lostinstpaulJan. 4, 1310:11 AM

"tax breaks for the ricH" the mantra the Left uses to bash the republicans- yet lookee here- the Libs shoveling Pork right to their buddies, the RICH.... Irony at its finest

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garagewineJan. 4, 1311:03 AM

Just like Rahm Emanuel said: "don't let a crisis go to waste."

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mlapnorJan. 4, 1311:18 AM

All tax breaks for businesses should have strings attached- you get them only if jobs are actually created.

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