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The Wall Street Journal Deep Archive
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| Obama's 95% Illusion |
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The Wall Street Journal,
834 words
Oct 13, 2008
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| In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase "tax credit." The Tax Foundation estimates that under the Obama plan 63 million Americans, or 44% of all tax filers, would have no income tax liability and most of those would get a check from the IRS each year. |
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