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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who started this subject	5/19/2001 8:44:00 PM
From: Harvey Allen	Read Replies (1) of 57684

O’Neill lays out radical vision Paul O'Neill, US Treasury Secretary, has laid out a vision for a radical reform of the US tax structure, including a sweeping revision of the Social Security - or public pension - system and abolition of corporate income tax and capital gains tax on businesses. In an interview with the FT at his Treasury office, Mr O'Neill espoused changes that would reach far beyond the legislation currently before Congress. As the Senate moved ahead with the Bush administration's initial $1,350bn tax reduction plan, which Mr O'Neill expects to be signed into law next Friday, he expanded on his previous piecemeal attacks on America's tax system. news.ft.com

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