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Political Factoid
"AIG* will not pay tax on tens
of billions of dollars of
income in the coming years,
thanks to benefits that stem
from its financial crisis-era
losses and the release of
deferred tax assets."
And thanks to all the "business friendly"
tax policies passed by Congress over
the past decade or so.
| * |
American International Group, the
insurance colossal that failed
miserably and was given a massive
tax-payer bailout under the
G.W. Bush administration
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