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TaxCuts_060511.ID = "TaxCuts_060511";
TaxCuts_060511.ID_WB = 12737445;
TaxCuts_060511.sPubDate = "5/11/2006 1:19:18 PM GMT";
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TaxCuts_060511.appHeader = "factfile | Tax cut summary";
TaxCuts_060511.appDeck = "Highlights of the five-year, $70 billion GOP tax cut bill.";
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TaxCuts_060511[i-1].body = "-- Would extend for two years, from 2009 through the end of 2010.<br>-- Maximum tax of 15 percent on capital gains and dividend income.<br>-- <b>Cost:</b> $20.6 billion over five years.";

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TaxCuts_060511[i-1].body = "-- Would extend for one year, through 2006.<br>-- AMT exemptions for upper middle-income taxpayers.<br>-- Ensures the AMT doesn&#146;t erode eligibility for several tax credits<br>-- <b>Cost:</b> $33.9 billion over five years.<br>";

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TaxCuts_060511[i-1].body = "-- Extends two years, through the end of 2009.<br>-- Lets small businesses write off investments up to $100,000.<br>-- <b>Cost:</b> $7.3 billion over five years.";

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TaxCuts_060511[i-1].body = "-- Eliminates, for 2010, $100,000 income limits on converting traditional retirement accounts to Roth IRAs.<br>-- Money shifted to Roth IRAs taxed when converted.<br>-- Raises Treasury funds in short term.<br>-- Withdrawn tax-free at retirement at significant long-term revenue loss for Treasury.<br>-- <b>Revenue raised:</b> $6.4 billion over 10 years.";

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TaxCuts_060511[i-1].body = "-- Increases the age, from 14 to 18.<br>-- Non-wage income for most minors taxed as if it is parent&#146;s income.<br>-- <b>Revenue raised:</b> $2.1 billion over 10 years.";

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TaxCuts_060511[i-1].body = "-- Repeals 2004 provision 'grandfathering' certain overseas contracts.<br>-- Allows companies with contracts to get some manufacturing tax benefit.<br>-- European Union calls this an illegal U.S. trade subsidy and threatened trade sanctions in retaliation.<br>-- <b>Revenue raised:</b> $467 million over five years.";

	// END editorial data