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Home > News > Valley's tax plea gets cool reception

April 24th, 2006

Valley's tax plea gets cool reception

Abstract:
Silicon Valley business leaders have narrowed the scope of a proposed tax break for manufacturers -- leaving out telecom -- in the hope that it will squeak through the Legislature, which let a similar tax break expire two years ago.

This year, in an attempt to pare back the cost of the bill, the authors removed telecom and focused the benefits on other technology, nanotech, aerospace and auto manufacturing.

Source:
msn.com

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