Saturday, December 18, 2010

U.S. media disclosed details of the Bush administration tax cuts.

<P>: Http://finance. News, President Bush said in the United States will launch a package to stimulate economic growth after the tax cuts on the U.S. government will take measures to speculation had not been settled. .Although the details to the 28th of this month when Bush's State of the Union be known, but there is still the first to the United States, local media said part of the plan. .</ P> <P> According to reports, the Bush administration to avoid recession brewing tax cuts include: to reduce the $ 500 family tax to encourage consumer spending, and adjust the existing tax law to allow companies to reduce fixed assets .part of the tax expenditures, so that enterprises increase investment in machinery and equipment. .</ P> <P> reported that Bush also urged Congress to enact a permanent tax cut bill. .In a speech earlier this week, Bush has said that low taxes is the best economic growth tonic. .Bush said "uncertainty in the economic development of the period, the most sensible approach is to keep taxes low." Since the White House since 2001, Bush introduced tax cuts twice, and successfully stimulated economic growth. .</ P> <P> by the news, U.S. dollar against the Japanese yen yesterday's session surge in Asian stock markets started out of the doldrums in recent days, the Japanese stock market closed yesterday, the Topix rose 1%. .</ P>.

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