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Independent in Long Beach, California

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Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Apr 11, 1977

Page

6

Tax Expenditures Shape 1982 Budget Projections

A Congressional Budget Office report estimates tax expenditures will rise to about 114.2 billion dollars in 1982, with total individual breaks reaching 137.3 billion and corporate cuts expanding. It details deductions for mortgage and real estate taxes, capital gains preferential rates, and credits for business investments, noting potential changes if Congress adjusts laws.

CBO

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