Word: saverse
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Dates: during 1980-1989
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Beesley also ordered signs posted on the S and L's windows telling savers that their accounts were insured.
Although most economists and politicians agree on the need for greater savings, they are sharply divided about the best way to spur savers. The Reagan Administration has made the Kemp-Roth bill, which would cut personal income tax rates by 30% over the next three years, the basis for its...
Many economists are urging a package of more precisely focused tax changes that would give direct incentives to savers. There are now more than 100 different bills before Congress that are armed at stimulating savings and investment. Some of the leading alternatives to the Reagan program:
No matter what the ultimate shape of a plan to spur savers, there seems little doubt that the tax bill will cost the Treasury more in lost revenue than the U.S. would gain in increased savings, at least for the first couple of years. Yet it is equally clear that...
The American Express contribution to the deal was $19.7 billion in assets from traveler's checks, more than 12 million generally affluent credit card-holding customers, and 44,000 employees in 1,000 travel offices and 77 international bank branches and investment offices. American Express also has some less...