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Business: Corporate Finance: An Analysis of the Bush Tax Cut Plan
Since its introduction in 2001, President Bush’s plan to cut taxes has held important implications for the U.S. economy, stock market, and society, while significantly influencing corporate America. The tax-cut plan presents such positive potentials as accelerating the tax-rate cuts scheduled for 2004, immediately boosting the child tax credit almost fifty per cent, and accelerating the phase-out of the “marriage penalty” as well as the so-called death”-taxes.