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H.R. 3175, the Answer Africa’s Call Act, proposes a new income tax surcharge on high-earning individuals to fund U.S. contributions to the International Finance Facility, a global initiative aimed at reducing poverty. The bill would also expand trade benefits for sub-Saharan African countries by removing certain limits on duty-free imports of agricultural products and extending special trade preferences for apparel manufacturing through 2015. For U.S. citizens, the primary impacts would be an increased tax responsibility for those meeting the high-income threshold and potentially lower costs or increased availability for specific imported goods from the region.
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