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Strategies & Market Trends : ZenWarrior's Trading Paradise

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To: ZenWarrior who started this subject4/15/2001 6:59:45 PM
From: ZenWarrior  Read Replies (1) of 2462
 
Taxes may just help the Bull...
dailynews.yahoo.com

With Monday's tax filing deadline almost at hand, the chances have improved for an immediate tax rebate as well. The Senate voted overwhelmingly to return $85 billion to taxpayers in the fiscal year that began Oct. 1 as a modest way of stimulating the economy. The House is less enthusiastic, but there is momentum in both parties to give something back as soon as possible.

Under a plan by Sen. Ernest Hollings (news - bio - voting record), D-S.C., an estimated 120 million taxpayers who paid income taxes or payroll taxes this year would get checks of $500 each as early as July if the proposal wins final approval before then. A second way to return tax dollars is to adjust withholding from people's paychecks for part of the year.


- Zen
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