Bush quietly signs corporate tax-cut bill
$136 billion measure assailed for catering to special interests
The Associated Press
Updated: 4:44 p.m. ET Oct. 22, 2004WASHINGTON - With no fanfare, President Bush Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses, farmers and other groups.
Intended to end a bitter trade war with Europe, the election-year measure was described by supporters as critically necessary to aid beleaguered manufacturers who have suffered 2.7 million lost jobs over the past four years.
But opponents charged that the tax package had grown into a massive giveaway that will add to the complexity of the tax system and end up rewarding multinational companies that move jobs overseas
more...
http://www.msnbc.msn.com/The Kerry campaign needs to stuff it down their throat. More corporate welfare...More help for wealthy corporations at the cost of the middle class. If they want to give $136 B to big corps, make "*" do it in the light of day with the lights shining.