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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 25, 2005
Page
10
A Washington AP report notes a presidential commission finds there are too many deductions and credits in the tax code. It cites two credits a deduction and savings plans aiding college costs plus urban and rural zones to spur investment and job growth.
A White House panel led by former senator Connie Mack concludes there are too many deductions and credits in the U S tax system. It cites mortgage interest and capital gains breaks among the largest, noting overlapping rules complicate compliance.
In Jiddah and Texas, Saudi Crown Prince Abdullah and President Bush discuss high oil prices and Middle East tensions. They address Gaza pullout, Lebanon, Syria's role, and a U S Saudi push toward WTO entry. Oil production plans to 12.5 million bpd by 2009 are noted.
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