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Thursday Watch
Between the Hedges —
... I can recommend the Droid to Verizon loyalists who have lusted for a better smart phone, but don't want to switch networks. - The Senate on Wednesday passed legislation that would give tax breaks to big companies hit by the recession and expand a credit for homebuyers, while raising other corporate levies, particularly for multinationals. The proposed tax increases are aimed at offsetting the cost to the government of the breaks, making the exact impact on individual businesses and industries difficult to judge. But business leaders worry that the measure could be a sign of more ...
Four Score Thursday - For Unemployment Benefits!
Phil’s Stock World —
... The Senate approved a measure to extend the current benefit program by another 33% and, in a bid to aid the property market, the bill would also extend for five months a tax credit for homebuyers, AND expand it beyond first-time purchasers. There will ALSO be a new tax break for businesses would give large companies bigger refunds to make up for recent losses. Specifically, it would let large firms claim cash refunds on taxes they paid going back nearly five years. Will extending the unemployment checks currently being collected ...
