среда, 14 марта 2012 г.

House passes $54B in tax breaks, energy incentives

The House passed a $54 billion tax package Wednesday that Democratic backers said would help relieve dependence on imported oil while easing the economic strain on parents, homeowners and businesses.

The wide-ranging legislation passed 263-160, sending it to the Senate and an uncertain future. Most Republicans opposed the bill because it is paid for by requiring some corporations with offshore offices to pay more taxes and doesn't address shielding taxpayers from the alternative minimum tax.

The White House, citing those factors, threatened a presidential veto.

The measure renews dozens of targeted tax breaks that have expired or will expire soon …

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