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STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

President Obama put tax reform back on the table this week. He called for changes to the corporate tax system. Tax rates would go down for companies, deductions would go away - many of them, and companies with overseas operations would find it a little harder not to pay.

On Wednesday, President Obama and a number of special guests celebrated the groundbreaking for the National Museum of African American History and Culture. The Smithsonian museum on the National Mall in Washington, D.C., is expected to open in 2015.

President Obama's plan to overhaul the nation's corporate tax system would sharply cut the taxes that U.S. companies pay. But it would also eliminate many of the loopholes that help them pare down what they owe.

White House spokesman Jay Carney says the proposal unveiled Wednesday should appeal to both Democrats and Republicans, by doing what both sides "say is important to do ... which is lower the rate, broaden the base [and] eliminate the underbrush of unnecessary subsidies and loopholes and special provisions that complicate the tax code."

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RENEE MONTAGNE, HOST:

Italian Prime Minister Mario Monti wants more transparency so he made his cabinet disclose their finances. That sparked so much interest, the government website crashed. Ministers own real estate in New York, Brussels and Paris. One made $9 million last year.

Syrian government troops are continuing to bombard the central city of Homs. The United Nations says more than five thousand people have been killed during the 11-month uprising. Syrian activists say the number is much higher. Yesterday, two foreign journalists were among those killed.

Renee Montagne has the Last Word in business.

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STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.