Posted on 06/01/2003 11:36:10 PM PDT by JohnHuang2
Edited on 07/12/2004 4:03:28 PM PDT by Jim Robinson. [history]
In the early hours of May 23, the House and Senate both approved H.R. 2, a bill that reduces tax rates on wages, dividends and capital gains, among other things. The following day, before the legislation had even been signed into law, the New York Times pronounced it a failure. The front page of its business section carried this headline: "No big rush to stocks after cuts in two taxes."
(Excerpt) Read more at dynamic.washtimes.com ...
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