[T]he plan will include limits on itemized deductions for individuals who earn more than $200,000 a year and families that earn more than $250,000… [which] will bring in an additional $400 billion in revenue... also… closing oil and gas tax loopholes and changing the depreciation rules for corporate airplanes. All of the new rules, which would take effect in 2013, would bring in an estimated total of $467 billion, more than enough to pay for the president’s jobs bill.This is getting better all the time.
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Monday, September 12, 2011
The Price for Millions of Jobs in an Unemployment Crisis? Eliminating Some Tax Loopholes for the Wealthy, for Oil Companies, and for Corporate Jet Owners
According to reporting at The Washington Post here's how Obama is planning to pay for his Jobs Bill:
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