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S Corporation Payroll Tax “Loophole” Lives To See Another Day

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Yesterday, the Senate failed to achieve the 60 votes necessary for Senate bill S. 2343, the “Stop the Student Loan Interest Rate Hike Act of 2012,” to advance. The bill would have paid for the lost revenue caused by keeping the interest rate on subsidized Stafford loans steady at 3.4% for another year by closing a long-standing S [...]

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