TITLE

Economic Trends

AUTHOR(S)
Ratajczak, Donald
PUB. DATE
September 2002
SOURCE
Journal of Financial Service Professionals;Sep2002, Vol. 56 Issue 5, p22
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses the tax policy of the U.S. government implemented during the last quarter of 2002. By using a sunset provision, the U.S. Congress was able to persuade the Congressional Budget Office to declare the resources were available to finance the tax cuts without creating a new set of government debt. The provision, assures continuous work for tax writers and the lobbyists whose jobs are to garner benefits and divert dissatisfaction from clients. The economy of the country is projected to grow more than three percent by the end of 2002. Spending deficiency could prevent low unemployment rates. Capital gains on financial holdings are considered as a resource of the tax yields.
ACCESSION #
11495109

 

Related Articles

  • Evolution of Taxation in Romania between 2001 -- 2010. Silviu, Pripoaie; Rodica, Pripoaie // Acta Universitatis Danubius: Oeconomica;2011, Issue 5, p106 

    The general characteristic of modern economies is given by the rapid growth of the demand of financial resources as compared to the possibility of acquiring them. In periods of economic boom, when State levies allow the procurement of sufficient resources, the way of applying State conjuncture...

  • Reforming the tax system to boost economic performance.  // OECD Economic Surveys: Poland;Mar2000, Vol. 2000 Issue 2, p115 

    Provides an overview of the efforts of Polish authorities to reform the tax system to enhance economic performance, as of September 2000. Ability of the country to avoid the kind of fiscal crisis encountered by other transition economies; Achievements of the country's tax system; Features of...

  • FISCAL EFFICIENCY OF TAX SYSTEM WITHIN THE FRAMEWORK OF CRISIS CONTROL. Rymar, O. G. // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;Apr2011, Vol. 118 Issue 4, p224 

    The article offers the theoretical and methodological summary concerning the fiscal efficiency of tax system. Risks of the fiscal efficiency reduction for a tax system in times of crisis are determined as well as the ways of increasing the fiscal efficiency of the Ukrainian tax system.

  • Pittsburgh Fiscal Board Makes Report. D'Ambrosio, Jill // Bond Buyer;4/13/2004, Vol. 348 Issue 31861, p29 

    Reports on the recommendation made by the fiscal oversight board of Pittsburgh, Pennsylvania to the Legislature on how to address the city's financial problems in April 2004. Possible elimination of all or part of the city's business privilege tax and its mercantile tax; Proposed roll-back of...

  • Budget options. Kern, David // Accountancy;Apr2002, Vol. 129 Issue 1304, p83 

    This article discusses the tax increases required in the spending plans of the British government. Taxes will probably have to increase to ensure that the chancellor continues meeting his fiscal rules, while also retaining an adequate safety margin to cater for emergencies. The critical...

  • Our Faith-Based Future. Crook, Clive // Atlantic;Dec2005, Vol. 296 Issue 5, p37 

    This article reports on the economic policies of U.S. President George W. Bush and the Republican Party, which have been criticized for public borrowing and tax cuts. The author argues that members of the Republican Party do not see the need to address attention to the U.S.' large budget deficit...

  • The Untold Story Of a Gilded Era. Sharma, Ruchir // Newsweek (Pacific Edition);9/12/2005 (Pacific Edition), Vol. 146 Issue 11, p17 

    Presents the author's views on how fluctuations in the United States economy effect the world economy. Review of media reports stating that the United States is dealing with a massive trade and fiscal deficit, record low savings, increased oil prices and weakening real estate market; Author's...

  • Getting the benefit. Pond, Chris // Public Finance;3/12/2004, p19 

    Points out that council tax in Great Britain has been a high profile issue in recent months, particularly because of some pensioners' difficulties in paying it. Observation that more than 2 million people entitled to financial help with the tax are not claiming it; Launch of a campaign to...

  • First Things First, Mr. President. Samuelson, Robert J. // Newsweek (Atlantic Edition);12/8/2008 (Atlantic Edition), Vol. 152 Issue 23, p48 

    The author suggests that the primary focus of 2008 U.S. President-elect Barack Obama should be on reviving the crippled U.S. economy through a direct economic stimulus plan. He states that it would be a mistake for Obama to pursue a legislative agenda promoting economic and social reform until...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics