SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (54638)10/24/2001 11:32:42 PM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
President Bush speaks to workers at the Dixie Printing and Packaging Corp. in Glen Burnie, Md.

Battling Recession
House OKs $100 Billion Tax Cut Package

W A S H I N G T O N, Oct. 24 — The House today narrowly approved a 10-year, $100 billion tax-cut package that President Bush said is a critical arm of the war effort.

abcnews.go.com

Effectively reduces the long-term capital-gains tax rate for most people from 20 percent to 18 percent. Increases deduction for capital losses from $3,000 to $4,000 in 2001 and $5,000 for 2002. Cost: $12.3 billion

Boy that sure going to help. Even with $5,000.00 anually, I got 20 years worth of capital loss from last year.

:0(