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Gov't may be working against recovery

Started by Riversider
about 16 years ago
Posts: 13572
Member since: Apr 2009
Discussion about
http://online.wsj.com/article/SB10001424052748703278604574624711732528426.html In terms of discouraging a rapid recovery, other government proposals created greater uncertainty and risk for businesses and investors. These include plans to increase greatly marginal tax rates for higher incomes. In addition, discussions at the Copenhagen conference and by the president to impose high taxes on carbon dioxide emissions must surely discourage investments in refineries, power plants, factories and other businesses that are big emitters of greenhouse gases.
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