TaxPersonal TaxUS senate to consider tax cuts to enliven economy

US senate to consider tax cuts to enliven economy

Senate Finance Committee launches hearings into how to kick-start 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, tax-news.com 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
abuse

Obama ignored by US accountants

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