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Unpublished Paper
Tax Incentives: A Solution to Economic Uncertainty
ExpressO (2008)
  • Jared A Hermann, California Western School of Law
Abstract
The article compares current economic conditions within the United States to those conditions present in the quarters preceding the 2001 recession. The article also discusses the interrelationship between consumer confidence levels and economic activity. The purpose of this article is to address the current economic uncertainty within the United States and recommend as a solution the temporary extension of the capital gains and dividend tax cuts of the Jobs and Growth Tax Relief Reconciliation Act of 2003. Such an extension will restore confidence in the economy by incentivizing investment activity and enhancing economic growth. In light of recent developments concerning the economy, and more specifically consumer spending, it is important appropriate action is taken to reduce the effects of the impending recession.
Keywords
  • Economic Uncertainty,
  • Consumer Behavior,
  • Jobs and Growth Relief Reconciliation Act of 2003,
  • qualified dividend,
  • capital gain,
  • dividend,
  • tax cut,
  • recession
Disciplines
Publication Date
January 17, 2008
Citation Information
Jared A Hermann. "Tax Incentives: A Solution to Economic Uncertainty" ExpressO (2008)
Available at: http://works.bepress.com/jared_hermann/1/