President Barack Obama seeks overhaul of corporate tax rates
WASHINGTON — President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama's imprint on one of the most high-profile issues of the presidential campaign.
The president's plan to lower the corporate tax rate to 28 percent ca...
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