Congress' new 10 year, $140 billion corporate tax bill has all kinds of targeted tax cuts. There are tax breaks for horse racing, NASCAR tracks, bow-and-arrow makers and stores that sell booze.
There's also plenty of pork for the folks at home, benefiting the states that had Congressmen hammering out the bill.
Two Senators in tough reelection fights won breaks: Farm-state lawmaker Tom Daschle, the Democratic minority leader from South Dakota, got one for the ethanol industry, while Lisa Murkowski (R-AK) got one to spur building of a trans-Alaska gas pipeline.
There's also some help to a bunch of states with Republican Representatives who elect party leadership. House Majority Leader Tom DeLay (R-TX) might like to be House Speaker some day and will need those votes. He pushed through a measure to allow people in seven states without state income taxes -- Texas, Florida, Washington, Nevada, South Dakota, Wyoming and Tennessee -- to deduct sales taxes from their federal income tax. (LAT)
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