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Tuesday, September 20, 2011

postheadericon GOP presidential candidates reject Obamaâs new tax plan

Republican candidates for the presidential nomination rushed on Monday to condemn President Obama’s plan to pay for his jobs bill by raising taxes on the wealthy and corporations, predicting the plan would fail to create jobs. 

Texas Gov. Rick Perry called Obama’s plan a “bait and switch that offers more than a trillion dollars in higher taxes for a promise of temporary tax relief.” 

Perry’s fellow frontrunner, former Massachusetts Gov. Mitt Romney, predicted it “will have a crushing impact on economic growth.”

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