Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (58954)	1/13/2005 10:08:53 PM
From: energyplay	Read Replies (2) of 74559

There's a report that preliminary US corporate taxes will be up 40% year on year for Q4 2004. That means that corporations generally made more money. It also means Federal tax revenues will be increasing, reducing the the need to issue more Treasury bonds. US personal quarterly tax payments are due Jan. 15. About a week later, we should get an idea how tax revenue is running. Significantly higher revenue is likely to help the US Dollar - for a short time.

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