AP source: Obama seeks 28 percent corp. tax rate (AP)

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AP - President Barack Obama is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, a senior administration official says, as the White House lays down an election-year marker in the debate over tax policy.

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ap/20120222/ap_on_go_pr_wh/us_obama_corporate_taxes

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