[lbo-talk] tax cuts

Doug Henwood dhenwood at panix.com
Fri Oct 17 07:36:58 PDT 2003


Someone asked here the other day about how much of the last round of tax rebate checks in the U.S. was spent. Goldman Sachs is estimating three-quarters, and almost immediately - a very large share, compared with earlier precedents, and done very quickly as well.

Doug



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