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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (126112)	9/28/2001 11:05:06 AM
From: Don Lloyd	Read Replies (1) of 436258

hb - nationalreview.com "Cut Rates Policymakers should choose the best kind of stimulus. Aldona and Gary Robbins are the operators of Fiscal Associates, an economic consulting firm in Arlington, Virginia. Both are Senior Research Fellows with the Institute for Policy Innovation. September 27, 2001, 9:00 a.m. Alarmed at mounting layoffs, investor fears, and sagging consumer confidence, policymakers in Washington are working to put together a stimulus package to get the economy going again. Of course, using tax cuts to give a needed boost to the economy is a good idea — but the trick is implementing policies that will do the most to strengthen the economy for the long run. Proposals most often mentioned as contenders for the stimulus package include: • Accelerating the tax cuts passed earlier this year. • Allowing faster recovery of capital costs by means of depreciation reform. • Reducing the tax rate on capital gains. • Cutting payroll taxes. • Lowering the corporate income tax rate. • Instituting an investment tax credit (ITC) for equipment. • Repealing the alternative minimum tax (AMT)...." -more- see table Regards, Don

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