Obama seeks 28 percent corp. tax rate
Story Date: 2/22/2012

 
Source: Jim Kuhnhenn, NEWS & OBSERVER, 2/21/12

President Barack Obama is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, a senior administration official says, as the White House lays down an election-year marker in the debate over tax policy.

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