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He balanced the Massachusetts budget with new income from $269 million in closed tax loopholes, and $271 million in increased fees.
As they stumbled for weeks toward the agreement that came Sunday, Republicans and Democrats alike were governed by the assumption that the Tea Party did not want any increase in the debt ceiling, that it was willing to support huge spending cuts to popular programs and that it would see even closed tax loopholes as tax increases.
Ryan reiterated in an interview on "Fox News Sunday" that the plan would drop taxpayers' bills by 20percentt without costing a dime, due to closed tax loopholes, but he was short on specifics when pressed by host Chris Wallace.
Fearing for Hill Air Force Base, Representative Rob Bishop, Republican of Utah, did not rule out supporting a Senate bill that closed tax loopholes and cut spending to stave off the cuts.
He also closed tax loopholes, which Schwarzenegger didn't propose Wednesday but generally has advocated in recent weeks.
Romney also closed tax loopholes that brought in another $181 million from businesses over the next two years and over $300 million for his term.
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The new taxes on the rich and the closed corporate tax loopholes would accomplish that.
The government has closed numerous tax loopholes in recent years.
From towering heights to closed spaces, taxes, and giant insects, the real world offers more than enough things to cause a fright.
With Mr. Draghi and Ms. Lagarde — frequent critics of inaction by euro zone governments — both present in Luxembourg, there could be spirited debate over the conditions and timetables set for Greece on making economic reforms, which are to include opening up closed professions, improving tax collection and selling state-owned assets.
It is simply unacceptable to slash unemployment benefits but tolerate tax evasion, closed shops and waste.
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