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Tax cuts will help tech

The economic stimulus package currently under consideration by President Bush and Congress is likely to have benefits for many industries, including technology. While the details of the economic stimulus plan won't be finalized for several weeks, the early discussions signal that it will have tax cuts for the middle class and tax breaks for business. When lawmakers roll up their sleeves to work, the intention is to ease the pain that middle class taxpayers have been feeling and that many companies have been experiencing. And it will put real dollars in the pockets of consumers to spend money on durable items such as computers and other technology tools. It also is likely to rev up American businesses, too.
The devil is still in the details. Economic advisers would be wise to look at the complete picture of what works and what other band-aids are needed to help every sector of the economy. We look forward to seeing what emerges from this charged atmosphere that is prompting everyone to move quickly to fix a leaking dike. -Judi
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