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Friday, March 26, 2010

Deere, Caterpillar: Health-Care Law to Raise Expenses

Wrong headline. The headline of this should read: "Companies use Accountants to make Political Statement". The law was written so that companies can no longer take a tax deduction on subsidies that they receive.

Deere, Caterpillar: Health-Care Law to Raise Expenses - WSJ.com

And the tax details here.

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