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Back You are here: Home Magazine Industry Headlines Manufacturing & The Economy Senate Blocks Repeal Of Tax-Filing Requirement

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Senate Blocks Repeal Of Tax-Filing Requirement

The Senate on Monday rejected an effort to reduce tax-related paperwork for businesses when lawmakers couldn't agree on whether they would make up the revenue the new requirement was expected to produce.

The filing requirement is part of President Barack Obama's health care overhaul but not related to health care itself.

Source: AP

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