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November 20, 2008



La. Bill Would Tighten Film Tax Breaks

Amid a federal investigation into Louisiana's film tax break program, a House committee approved a bill Thursday that would tighten the rules governing the tax credits, require audits of the spending and restructure the oversight.

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UPDATE:Germany's Merkel Against Tax Cuts,Higher Debt For Econ

BERLIN -(Dow Jones)- It would be wrong to opt for a fiscal stimulus package that's funded with tax cuts or higher debt, Chancellor Angela Merkel said Wednesday.

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Group opposes new property tax rate

A legal battle could already be brewing over Victoria's new property tax rate just adopted Tuesday. Citizens for Responsible Government, a loosely knit group of taxpayers, believes the new tax rate is illegal and is mulling over what should be done about it.

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