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April 07, 2005

No more tax breaks for Augusta National?

The NY Times is reporting that two members of Congress reintroduced a bill Wednesday that would cut off tax breaks for businesses that used clubs that discriminated and specifically named Augusta National, where the Master's golf tournament is hosted, as one such club. Congresswoman Carolyn Maloney (D-NY) and Congressman Brad Sherman (D-CA) stated that the bill was modeled after a California statute that states, "a discriminatory club must print receipts, 'Not Deductible for California Income Tax Purposes.' "

Posted by Gerry Torres at 07:14 AM in Taxation | Permalink


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