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Read More »Frist Backs Off Plan to Tax Oil Companies to Fund $100 Taxpayer Gasoline Rebates
WASHINGTON – Senate Majority Leader Bill Frist, under pressure from business leaders, retreated Monday from a plan that would have used a tax increase on oil companies and other businesses to fund a $100 gasoline rebate for millions of motorists. Frist, the Tennessee Republican, had proposed an accounting change that …
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