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Rangel Floats Sweeping Tax Reform Bill

Rolls back Bush cuts for wealthy; unlikely to advance soon

By Jonas Oransky,  Newser Staff

Posted Oct 25, 2007 2:06 PM CDT

(Newser) – A Democratic bill unveiled today would dramatically alter the tax code, hiking taxes for those making more than $200,000 and slashing them for most others. The overhaul, which would effectively roll back Bush’s cuts for the wealthy, isn’t expected to get any...   Read full story »

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