GOP economic recovery plan:
Reduces the 15% tax rate to 10%, and the 10% tax rate to 5%.
Allows small businesses to take a tax deduction equal to 20 percent of their income.
Makes unemployment benefits tax free.
Creates a home-buyers credit of $7,500 for those buyers who make a minimum down-payment of five percent.
Provides a new deduction for Americans who purchase health insurance on their own.
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