Tax cuts and higher rates split over United States growth
New York AP reports economists and policymakers debate whether cutting taxes on Jan 1 to boost consumer spending and business investment should be paired with higher U.S. interest rates to curb gold outflows. Europeans favor higher rates to keep dollars from fleeing for gold, while U.S. private investors hold $60 billion abroad.
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Bruce Firm Seeks Halt On Gilbert Property Disposition
The E. L. Bruce Co. filed in State Supreme Court to stop Rhoda Gilbert from disposing of paintings and furnishings valued at 867 784 dollars. The firm says Gilbert assigned the property to cover notes totaling 1.93 million dollars. Gilbert fled to Brazil after admitting unauthorized withdrawals from the hardwood flooring company.
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