Bursa Malaysia (KLSE) Daily Info Edge Zone
President Obama - $450 Billion Stimulus Plan
Durian Edge
Publish date: Fri, 09 Sep 2011, 08:12 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Obama stimulus plan included extending and expanding the existing payroll tax holiday for another year. Instead of paying 4.2 percent on the first $106,800 of income, Americans will only pay 3.2 percent. (The usual rate is 6.2 percent) There are also tax cuts for business, funds for infrastructure and states, and money to support mortgage refinancing.
Will this help the share? Today Asia market will show it.
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cmlooi
Forget it... it one of those long term thing. Short term still bear.
2011-09-09 11:26