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Politics : Formerly About Advanced Micro Devices

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From: J_F_Shepard	12/25/2010 1:28:00 PM
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"New tax law packed with obscure business tax cuts" WASHINGTON – The massive new tax bill signed into law by President Barack Obama is filled with all kinds of holiday stocking stuffers for businesses: tax breaks for producing TV shows, grants for putting up windmills, rum subsidies for Puerto Rico and the Virgin Islands. There is even a tax break for people who buy race horses. Millions of homeowners, however, might feel like they got a lump of coal. Homeowners who don't itemize their deductions will lose a tax break for paying local property taxes. more: news.yahoo.com

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