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Longshot Corporate Tax Plan May Be Aided by Portman's Tough Race

from Bloomberg

A long-shot bid to cut taxes this year on U.S. companies' overseas profits may depend heavily on how much Republicans want to help the re-election bid of one endangered senator, Rob Portman of Ohio. Portman, a Republican running in a state that backed President Barack Obama in the last two presidential elections, made a pitch to party members last week at a retreat in Baltimore that they shouldn't punt the international tax issue to the next president. more

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