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Highlands Today
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Cash Is King During Threat Of Recession
It's tough to figure out where the economy is headed, and some folks think today's biggest risk is inflation, not recession. Still, in trimming the federal funds rate recently, the Federal Reserve noted 'the tightening of credit conditions' could 'restrain economic growth.' ...more
September 30, 2007
Who Has Reaped The Benefit Of 2003 Tax Cuts?
Four years ago the Bush administration, exploiting the political bounce it got from the illusion of success in Iraq, pushed a cut in capital-gains and dividend taxes through Congress. It was an extremely elitist tax cut even by Bush-era standards: The nonpartisan Tax Policy Center says that more than half of the tax breaks went to Americans with incomes of more than $1 million a year. ...more
September 12, 2007
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