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Tag: Obama

Will Obama’s Spending Plan Boost the Economy?

by Charles Wallace on Sep.07, 2010, under Towing

road construction

President Obama will announce billions more in infrastructure spending and tax cuts this week. Supporters say it's just what the sagging economy needs. But critics worry that with mid-term elections just a few weeks away, the main motivation may be political.

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Will Obama's Spending Plan Boost the Economy? originally appeared on DailyFinance on Tue, 07 Sep 2010 14:45:00.

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Obama’s Business-Friendly Initiatives Take Aim at Anti-Democrat Sentiment

by Jonathan Berr on Sep.07, 2010, under Towing

Obama's Business-Friendly Initiatives Take Aim at Anti-Democrat Sentiment

Recognizing that voters are worried about the economy, President Obama is offering an olive branch to his critics with a $50 billion infrastructure plan and a deal to make the R&D tax credit permanent. Conservatives say it's too little too late, but the game is far from over for the Democrats.

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Obama's Business-Friendly Initiatives Take Aim at Anti-Democrat Sentiment originally appeared on DailyFinance on Tue, 07 Sep 2010 12:50:00.

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Obama to Call for Full Tax Credit for Business Purchases in 2011

by Hugh Collins on Sep.07, 2010, under Recovery, Towing

President Barack Obama will call for new rules allowing business to deduct from their taxes through 2011 the full value of the purchase of equipment.

The planned deductions are intended to encourage companies to invest in equipment such as computers and utility generators, stimulating the economy The New York Times reported. It would cost about $200 billion in revenue, although in the long run...

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Obama to Call for Full Tax Credit for Business Purchases in 2011 originally appeared on DailyFinance on Tue, 07 Sep 2010 07:00:00.

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Wall Street to Obama: The Love Affair Is Over

by Vishesh Kumar on Sep.02, 2010, under Towing

President Barack Obama

Corporate profits are booming again, but President Obama's popularity is sinking fast, even among his former supporters on Wall Street and in big business. As the crucial fall elections loom, the shift in sentiment could have an impact on the markets.

Continue reading Wall Street to Obama: The Love Affair Is Over

Wall Street to Obama: The Love Affair Is Over originally appeared on DailyFinance on Thu, 02 Sep 2010 17:30:00.

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