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House Republicans: Tax reform more likely after 'fiscal cliff' agreement

from The Hill

GOP tax-writers in the House say the "fiscal cliff" agreement has made them more confident that a tax overhaul can be passed in 2013 that lowers rates without bringing in more money to the government. The law that President Barack Obama recently signed allows the top tax rate to rise back to 39.6 percent, locks in rates long-term and resolves longstanding problems like the Alternative Minimum Tax. more


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