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Source: Doug Sword, ROLL CALL, 10/13/20
Lawmakers have not renewed the collection of disparate tax breaks known as “extenders” on time since the 1990s. But the pandemic-driven economic collapse, along with big-time political support on both sides of the aisle for industries ranging from craft breweries to airlines, is driving potentially timely completion of an extenders package after the elections. Thirty-three tax breaks got a two-year extension, retroactive to the start of 2019, in a spending bill enacted last December. For more of this story, click here.
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