12 Answers
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So far, the effects have been clear. In the first 33 months after Bush signed the 2003 tax bill, the American economy increased by 20 percent and nearly 5.3 million new jobs were created. Over the first half of this year, our economy grew at a 4.1 percent annual rate, faster than any other major industrialized nation, and tax receipts actually rose $206 billion in the first nine months of this fiscal year. Although I have some serious concerns over what that money is being used for, it is crystal clear that the Bush tax cuts saved the American economy. Economic growth over the last four years “exceeds the entire size of the Chinese economy.” Steve Forbes The tax cuts of 2003 really enabled the economy to go from a 1 percent stagnant, semi-stagnant economy to the vigorous one we have today. It’s not fully appreciated, because the main media more or less ignore it. PS: For those of you who can not see the tax cuts; The cuts were primarily on Capital Gains so you are revealing that you have no investments nor savings, nor insurance policies, nor 401K etc. You had better get with the program and start managing your money so that you can take advantage of these tax cuts because there is a real risk that Hillary will put Charlie Rangle in charge of the tax code and you will never really have an opportunity to advance yourself like this again. Charlie wants to bring the rich down here with you, not you up there with them.
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The k stands for thousand. It is 20 or 30 thousand dollars or pounds or euros, whatever the indicated currency is.
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K equals one thousand. 20k is 20,000, 30k is 30,000
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the letter “k” is a sub for 1000 so 20k means 20,000
30k means 30,000
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30k invested in a bank at 5.5%pa will give you 146 per month before tax.
It will not make you rich, but every little helps.
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Do you mean simply what does the k stand for? K= thousand.
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$20,000 dollars
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$30,000 dollars
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means you better look into getting food stamps.
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K STAND FOR THOUSAND