Bush calls for tax cuts to stimulate economy
President proposes relief for businesses to invigorate US economy
President Bush has called for tax breaks for business and individuals to
stimulate the stuttering US economy.
The tax cuts must be worth at least one percent of GDP to have an effect,
which would equate to between $140bn (£71bn) and $150bn (£76.9bn), Web-CPA
‘By passing an effective growth package quickly, we can provide a shot in the
arm to keep a fundamentally strong economy healthy,’ Bush said.