WASHINGTON — Doubts run deep in the fashion industry about the effect on the sagging economy from a $350 billion tax-cut package crafted by GOP congressional leaders this week and poised for congressional passage as early as Thursday night.

The menu of tax cuts over the next 10 years means consumers this year will have about $15 billion more in their paychecks from accelerated income tax breaks. Families with children will get an additional $400-per-child rebate for 2003, affecting 25 million households.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus