America's richest tax breaks (via CNN Political Ticker)

Posted: April 26, 2011 in Uncategorized

NEW YORK (CNNMoney) — Don't expect any hugging or kissing. But Democrats and Republicans may eventually at least hold hands in solidarity over one big idea: Scale back or eliminate tax breaks in exchange for lowering rates. Today, there are dozens of tax credits, deductions and exclusions that cost federal coffers more than $1 trillion a year. That's a little more than a third of all annual federal spending. … Read More

via CNN Political Ticker

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