Weather Forecast for Garden City Area
A couple of thunderstorms and mostly cloudy conditions tonight. South southeast winds 8 to 16 mph with a 60 percent chance of precipitation and high humidity around 80 percent. Tomorrow brings clouds then sun with south winds 8 to 16 mph and 2 to 4 hours of sunshine. Humidity near 65 percent with fair drying, followed by clearing tomorrow night. Yesterday soil temperature was 55 degrees. National forecast.
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Obama to tighten taxes on overseas profits and havens
President Obama outlined a two part plan to curb offshore profits and tax havens, seeking 800 new IRS agents to enforce rules. It targets deductions for foreign earnings and would deem offshore funds as violating tax laws, potentially boosting revenue but drawing business opposition.
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