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.