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The Boston Globe

Politics

Obama offers GOP a deal to create middle class jobs

President would cut tax rates for businesses

CHATTANOOGA, Tenn. — President Obama, seeking to break a stalemate with Republicans, said here Tuesday that he would cut corporate tax rates in return for a pledge from Republicans to invest in more programs to generate middle-class jobs.

Using a sea of cardboard boxes in a cavernous Amazon distribution center as a backdrop, Obama described a “grand bargain” for the middle class that he said would stimulate the economy while giving businesses the lower tax rates they have long sought.

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