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Republicans propose broad tax relief with credits and reforms
The plan includes a $500 per child tax credit for families under $200,000, repeal of the marriage penalty, up to a $2000 IRA for a home-working spouse, and a capital gains tax cut with inflation indexing. Critics warn the $189 billion five year cost. supporters urge deeper spending cuts and overall tax reform toward a single-rate or national sales tax.
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Clinton
House
Ways and Means Committee
Bill Archer
Texas
GOP
U.S
Congress
Treasury
Republican Congress
NBC
CPB
Public Broadcasting
National Public Radio
Lauer
John Boehner
Washington Times
Washington
Newt Gingrich