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Looming Tax Bill to Test Dem Loyalties

Bill to help middle class hurts their hedge-fund backers

By Jonas Oransky, Newser Staff

Posted Nov 7, 2007 8:04 PM CST

(Newser) – A bill to give tax breaks to middle- and low-income people by closing loopholes that keep equity executives’ tax rates low is set for a vote this week in Congress, the Washington Post reports, forcing Democrats to choose between standing up for the common man... Read full story »

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Looming Tax Bill to Test Dem Loyalties

Bill to help middle class hurts their hedge-fund backers

Congress • hedge fund • equity trading • tax cuts • tax breaks

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More Newser Stories

House Won't Pass 2-Month Payroll Tax Cut: Boehner

Will instead call for quick talks on one-year extension

Obama Pushes Payroll Tax Cut Amid GOP Split

President puts pressure on Congress to act

So What's in the Debt Deal?

$1T in cuts now with more later—and a 'trigger' to ensure a second deal

Obama, GOP Hold Hushed Tax-Cut Talks

President calls for speedy renewal of jobless benefits

Tax Cut Showdown: Dems' Two Options

Must win centrists as Bush cuts expire

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