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President Bush Signs Bipartisan Tax Relief Package
December 20, 2006 - President Bush signed the Tax Relief and Health Care Act of 2006 into law today. The bipartisan package improved and extended the R&D tax credit and other expiring tax benefits through 12/31/07; provided for increased tax-free contributions to Health Savings Accounts (HSAs); permitted drilling for oil in the Gulf Coast outer Continental Shelf; extended permanent normal trade relations with Vietnam; and extended trade benefits for Haiti; some Latin American and African countries; and various emerging economies.
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Census Bureau Release Population Statistics
August 15, 2006 - The U.S. Census Bureau today released for the first time key demographic and social data for areas with populations of 65,000 or more – an updated look at how the nation’s population has changed, and the first for many communities since Census 2000.
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GDP Grew at a 2.5% Annualized Rate in the 2nd Quarter
July 28, 2006 - The Bureau of Economic Analysis released its “advance” estimate of growth in the inflation-adjusted (“real”) gross domestic product (GDP) for the 2nd quarter of 2006. GDP growth in the 2nd quarter was estimated to have been an annualized 2.5% rate, an expected moderation following the rapid 5.6% rate of growth in the 1st quarter.
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"Expensing = MC2 = Economic Growth"
May 15, 2006 -- First-year expensing would give this economy the power-jolt it soon will need - commentary by Ernest S. Christian and Cesar Conda which appeared in National Review Online.
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For more information contact Amber Thomas at: athomas@AMTonline.org
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