It also wants an expanded Earned Income Tax Credit, an expanded saver's credit and a permanent exclusion from capital gains taxes on small business investment. (Does anyone think green energy tax credits will vanish anytime soon?) One ghost that keeps returning: the research credit, first introduced in 1981, which allows companies to write off a portion of their research and development expenses.
Consumer credit already expanded much more than expected last month as Americans took on debt to pay for things like job and school.
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Pacific Lumber made an emergency loan and has since expanded its credit line to pay Scopac's interest again on Jan. 20.
It is much the same at KKR, which Kravis describes as a hub and spoke now that the firm has expanded into businesses like credit financing, mezzanine finance and capital markets.
Among them are tax credits for families of modest means, including one for college tuition, and an expanded earned income tax credit, which provides cash to working poor families who don't earn enough to pay income taxes.
We believe that investments in our people were investments in our economy, so we expanded the earned income tax credit, provided health insurance to six million needy children, invested in Head Start and student loans.
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Credit Agricole is controlled by 39 French regional banks, The company expanded rapidly before the financial crisis, including in southern European through the acquisition of France's Credit Lyonnais bank.
An expanded money supply by definition increases the availability of credit.
In February, the Administration expanded its efforts to assist states in translating military training and experience into credit towards professional licensure.
With the growth of the Brazilian economy and wider availability of credit and government cash transfer programmes, 35 million people have in recent years joined an expanded middle class.
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It has expanded with aggregated retail FX trades in a deal with Traiana, an ICAP subsidiary, credit derivatives settlement with DTCC and nondeliverable forwards and FX options.
After the credit crisis set in and the healing aspects of deflation began to take hold, central banks rapidly expanded the supply of base money in an effort to quickly erode the purchasing power of their currencies and bring real estate prices higher.
While Silicon Valley companies were working on the problem, silicon prices fell and Chinese companies like JA Solar, Suntech and Yingli Green Energy rapidly expanded production of conventional solar panels, supported by tens of billions of dollars in inexpensive credit from the Chinese government as well as other subsidies like cheap land.
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