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Kerry To Propose Cutting Corporate Taxes

HeadlineMar 26, 2004

The Washington Post is reporting presidential candidate John Kerry will propose today cutting the corporate tax rate as part of an economic plan that he says would create 10 million jobs by 2009.

The Post reports Kerry is offering a trade: He would cut taxes on U.S. corporations in exchange for forfeiting current tax benefits for moving money and jobs overseas.

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