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Camp's Plan To Ditch LIFO A Nightmare For Businesses

By Matthew Villmer (June 13, 2014, 5:58 PM EDT) -- Efforts by Rep. David Camp, R-Mich., to bar use of the "last in, first out" accounting method would blow a big hole in the balance sheets of already struggling manufacturing and retail businesses, all in the name of raising new tax revenues, experts say....

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