Oil and Gas Journal: US Sec. of the Treasury Jack Lew signaled the Obama administration’s fresh intention to seek repeal of federal tax provisions US oil and gas producers consider essential to their businesses as part of its comprehensive business tax-reform plan.
President Barack Obama wants to reform business taxes to help fuel economic growth; encourage businesses to create good, high-paying US jobs; and expand opportunities so the nation’s economic gains build a strong middle class, Lew said in a Jan. 21 address at the Brookings Institution.
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