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Senate Clears $13 Billion in Tax Incentives for Job Creation for President’s Signature

March 18, 2010 in Daily Tax Report · Leave a Comment 

The Senate March 17 voted 68-29 to pass $13 billion in tax breaks for hiring new workers, an expansion of incentives for financing construction activity, and an extension of higher expensing limits for capital investments made by small businesses.

The Hiring Incentives to Restore Employment (HIRE) Act (H.R. 2847) was…

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