Tax Breaks, 2012 Presidential Election | featured news

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Obama, Republicans spar over gasoline prices

Barack Obama

Facing intensifying election-year attacks over rising energy prices, President Barack Obama will seek on Thursday to shift the spotlight onto oil and gas companies by calling for the repeal of tax breaks that benefit the industry.

 

Study: Gingrich tax plan would worsen deficit

The tax plan by GOP presidential hopeful Newt Gingrich would provide big tax breaks to the rich and blow a huge hole in the federal budget deficit, according to an independent study released Monday.

 

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