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  'Tax Breaks for Bailout Recipients' The Wall Street Journal takes a look at how the IRS is treating the "tax assets," including operating loss carryforwards, of GM, Citigroup, and AIG. The upshot seems to be that if the government owns you, you can get it to give you a decent deal on taxes. 'Tax Breaks for Bailout Recipients' The Wall Street Journal takes a look at how the IRS is treating the "tax assets," including operating loss carryforwards, of GM, Citigroup, and AIG. The upshot seems to be that if the government owns you, you can get it to give you a decent deal on taxes.
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Sharon TerlepAge:
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