Saturday, July 30, 2011

CEOs say they would give up tax breaks

The CEO of Wal-Mart Stores Inc. and other major U.S. employers told Congress Wednesday they would be willing to give up tax breaks that benefit their companies in return for a steep drop in the country's 35 percent corporate tax rate. Companies, including big companies, pay a much lower overall effective rate by exploiting tax breaks, usually in perfectly legal ways, that in 2011 are costing the government about $102 billion in lost revenue.

Wounded Warriors Shoot Hoops to Gain Confidence



A Victory for Stem Cell Research and Patients

Today, patients suffering from diseases like Alzheimer’s, Parkinson’s and heart disease and their families got good news when a federal judge ruled in favor of the government in a lawsuit challenging the Obama Administration’s work to support stem cell research.

While we don’t know exactly what stem cell research will yield, scientists believe this research could treat or cure diseases that affect millions of Americans every year. That’s why President Obama has long fought to support responsible stem cell research.

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