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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yard_man who wrote (12769)	10/4/2004 1:32:54 PM
From: mishedlo	Read Replies (2) of 116555

Bush signs tax bill in 'swing state' of Iowa Just in time for the election, President Bush is going to one of the most contested states to sign his fourth tax cut in four years. The White House held the signing ceremony Monday at a YMCA in Des Moines, Iowa, a Democratic area of a state that Bush lost by a razor-thin margin in 2000. ....... The tax relief will cost $131.4 billion in government revenue over the next decade. In addition, Republicans added provisions to extend 23 tax breaks for businesses that were set to expire. The biggest item in this group, which costs $12.97 billion, is a tax credit to businesses for research and development. cnn.com

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