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President Lays Out Business Tax Agenda to Encourage Domestic Jobs & Investment

In President Obama's weekly address on October 16, 2010, he laid out a policy agenda of offering tax incentives to businesses that hire new employees, making the research and experimentation tax credit permanent and providing a tax cut for clean…

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energy manufacturing to encourage domestic hiring and investment. He also wants to close tax loopholes worth billions of dollars that encourage companies to invest overseas.