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A signal of a friendlier tax stance
A signal of a friendlier tax stance
President Barack Obama renewed his call to raise taxes paid by U.S.-based multinational corporations and [link widoczny dla zalogowanych] oil and gas companies, complicating efforts to overhaul the corporate tax code this year.
The president, in a 3.7 trillion budget plan released yesterday in [link widoczny dla zalogowanych] Washington, revived dozens of proposals that Congress has rejected, including 129 billion in higher taxes on the overseas profits of U.S. companies. He also proposed changing the tax treatment of oil,[link widoczny dla zalogowanych], gas and coal companies, which would raise about 46 billion.
The proposals revived opposition from businesses. They had been looking for a signal of a [link widoczny dla zalogowanych] friendlier tax stance.
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