US senate to consider tax cuts to enliven economy

The US Senate Finance Committee is to consider the impact tax cuts would have
on the slowing economy in a series of hearings.

Committee chairman, Democrat Max Baucus, will be questioning panellists
appearing before committees on how taxpayers and industry sectors can be boosted
in the current economic downturn, reports.

Democrat presidential candidates Barack Obama, Hilary Clinton and John
Edwards have all looked at helping the economy through rebates to individual
taxpayers and the unemployed.

Further reading:

Obama’s record speaks against tax

Obama ignored by US accountants

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