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President's Framework for Business Tax Reform, February 2012

Published February 22, 2012

The Treasury Department released the President's Framework for Business Tax Reform on February 22, 2012. The press release states, "Treasury released the President's framework for reforming the U.S. business tax system, which would enhance American competitiveness by simplifying the tax code and eliminating dozens of tax loopholes and subsidies, incentivizing job creation and investment here at home and lowering the business rate while broadening the tax base."

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