World Watch


FEELING HER PAIN: Lula embraces a supporter on his antipoverty mission

Christmas in January
President George W. Bush proposed an audacious tax-cut program — one he hopes will jump-start the sputtering U.S. economy. The plan, which would eliminates taxes on corporate dividends, delighted Wall Street but led Democrats to charge that Bush was merely making the rich richer. To counteract that criticism, the package also includes a rise in child and married-couples tax allowances. In addition, tax-rate cuts scheduled for 2004 and 2006 would be introduced immediately. "Our first challenge is to allow Americans to keep more of their money so they can spend and save and invest,"...

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