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For Europe and The united states to return to competitiveness, they should, as our specialists continuously recommend, discover ways to cut labor expenses and curtail authorities spending. The trick, of course, is to do it in a way that doesn't derail the economic climate and decrease company' profitability. Like the Chinese, we require accessibility to a large pool of impoverished people who, regardless of this fact, can nonetheless pull their weight and assistance the economic climate.

The abolition of the reduced-earnings offset on investment income for kids kicks in on July one. So there's still time to make the most of earnings splitting and even longer to bump up your tremendous - the leading two ways of cutting your tax bill.

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