Wednesday, September 20, 2006

Economy goes like gangbusters

More good news: the economy continues on a role. Record high U.S. corporate tax receipts in the third quarter (a 20% increase over last year) signal stronger corporate profits for the period and the likelihood of a smaller budget deficit than forecast for 2006 and possibly 2007. The Bush tax cuts have been the catalyst for an historic economic boom. Only one thing could spoil it: the Democrats, because they would raise taxes.


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