May 21, 1998 02:27 PM | | Bookmark and Share

With much fanfare, the U.S. Senate recently passed its Internal Revenue Service overhaul bill. After discussions with the House, a version of the legislation will undoubtably become law soon. The Senate vote was 97-0, with no one willing to go on record against the cynical Republican IRS bashing that produced the bill. Even President Clinton, whose Treasury Department remains deeply concerned about several of the bill’s provisions, has become a cheerleader.

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