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November 17, 2010, Social Security, Taxes, Research, Regulations/Legal , News
An Alternative Deficit Reduction Plan
Similar to the Bowles-Simpson proposals, the Rivlin-Domenici plan would lower income tax rates while eliminating most deductions and credits. It would replace the home mortgage and charitable contribution deductions with 15% refundable credits, and cut health care expenditures by $75 billion a year.
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