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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Skeeter Bug who wrote (157401)5/22/2003 12:38:44 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
Skeet dont believe everything bil marr says, the guy is way too politically correct.

" Low-income taxpayers would pay 5 percent, falling to zero in 2008. Barring further congressional action, today's higher rates would return the following year.

Other provisions aimed at individuals and families would start retroactively on Jan. 1 and expire in 2005. These included reduced taxes for married couples, expanding the lowest tax bracket and preventing more taxpayers from paying the alternative minimum tax.

There also would be a $1,000 tax credit for each of up to two children for the next two years, an increase from the current $600. Grassley said 25 million families would qualify.

Parents would begin receiving checks of up to $400 per child, beginning in late summer.

Businesses won two temporary tax breaks designed to encourage immediate investments. Small companies could expense up to $100,000 in new equipment investments through 2005, and businesses could depreciate more of their assets sooner through 2004.

The measure also omitted $90 billion in tax and fee increases that the Senate included in its bill. They included extended customs user fees, closed corporate tax loopholes and higher taxes on Americans working overseas. "
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