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LBBW's Karl Haeling noted on Senate GOP.....>

US VIEW
US VIEW: LBBW's Karl Haeling noted on Senate GOP tax plan that "it was reported
Wednesday that Senate Republicans are seriously considering proposals to delay
corporate tax cuts for the first year and completely eliminate the deductibility
of state and local taxes, moves that would provide somewhat negative economic
consequences."
- "Eliminating the deductibility of state and local taxes would probably reduce
consumer spending to some extent while delaying the corporate tax cut would
likely delay economic stimulus from higher business spending," he said. 

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