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Today's Lieberman Tax (and Jobs) proposal

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-24-03 03:17 PM
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Today's Lieberman Tax (and Jobs) proposal
From the Courants David Lightman:


"A plan to revive manufacturing, the subject of a Lieberman address in New Hampshire last week and the centerpiece of this week's cross-country jobs tour, including Sikorsky today." "His staff estimates the jobs plan would cost a net $5 to $10 billion over the next 10 years." "It has 17 components for reversing the decline in American manufacturing. Some involve taxes, such as creating an American Manufacturing Tax Credit that the senator says would reward companies for the percentage of manufacturing production they keep in the United States." "He would also eliminate the capital gains tax for multiyear investments in small and mid size manufacturing companies and give a credit for new purchases of information technology."
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