Schumer, Menendez unveil proposed Sandy tax breaks
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Owners of homes and businesses damaged by superstorm Sandy could deduct cleanup expenses and receive other tax breaks for 2012 under legislation proposed by Democratic Sens. Charles Schumer and Robert Menendez.
The bill's provisions were outlined in a news conference at Schumer's New York City offices Sunday. Some of the proposals would relate only to the Sandy aftermath, but others would...