Wednesday, December 16, 2009

Is it me, or does it sound like we taxpayers are getting shafted again?

News Alert
08:06 PM EST Tuesday, December 15, 2009

Citigroup gains massive tax break in deal with IRS

The IRS has issued an exception to tax rules for the benefit of companies including Citigroup. As a result, Citigroup will be allowed to retain $38 billion in tax breaks that otherwise would decline in value when the government sells its stake to private investors.

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Copyright 2009 The Washington Post Company

Posted via email from Doug's posterous

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