Jeff For Banks

JANUARY 19, 2011

Then, just as rates hit these lows, Ben Bernanke and the Federal Reserve announced another gigantic quantitative easing program, called “QE2” by the markets, where they stated they will purchase $600 billion in Treasuries through mid year 2011. Combined these tax breaks can provide up to 0.5% What About 2011? So what happened?

Philadelphia 60

Philadelphia Taxes US Marketing 60

Jeff For Banks

AUGUST 12, 2010

Government and regulators are contributing to the pessimism with financial reform legislation that does not even address some of the causes of the crisis, new FASB proposals to impose harmful mark-to-market accounting on bank loans, and the looming expiration of the Bush tax cuts in 2011. to 3% into 2011. Bummers all.

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Taxes Marketing Risk Management Groups 60

Jeff For Banks

APRIL 2, 2011

So far, about half of the positive economic impact of the surprise 2% reduction in social security taxes and small business tax cuts are gone because of higher gas prices. Growth for 2011 Economists were stampeding over each other to raise their GDP forecasts to 3.5% It may not take long before the remainder is gone, too.

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Philadelphia Taxes Marketing US 73

Jeff For Banks

JULY 21, 2011

2011 started with so much economic promise. Economists keep ratcheting down their projections for GDP for 2011 and 2012, probably as a result of the weaker forward looking indicators. Since the Great Recession began in December, 2007, until May, 2011, we are still down a net of 6.5 in May, will be the only tax cut we will get.

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Survey Taxes Groups Data 64

Jeff For Banks

APRIL 5, 2012

But we know that only three things in life are certain—death, taxes, and a Fed that goes too far. It is no surprise that growth slowed in 2011 as gas prices reached a “tipping point” of $4.00 or more, we can expect the same psychological reaction from consumers—reduced spending—just as they would react to higher taxes.

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Security Taxes Marketing Policies 73

Jeff For Banks

APRIL 27, 2019

in 2018, but about equal to the average growth since 2011. The impact of the tax cuts has faded. Our current economic recovery is fast approaching a longevity record; growth through July, 2019 would set the new record at 121 months, surpassing the 1991 to 2011 recovery. I estimated that real GDP growth would be between 2.0%

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Marketing Community Taxes Community Bank 60

Jeff For Banks

OCTOBER 21, 2010

Future tax rates and compliance costs are also causing uncertainty, most notably from the still unresolved situation with the Bush tax cuts set to expire in 2011, health care costs, and financial reform costs. The Federal Reserve will keep the short term Fed Funds rate at 0% to 0.25% well into 2011 and likely into 2012.

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Taxes Marketing Capital Policies 60