It would also reduce the highest corporate tax rate from 35% to 30.5%, a move expected to cost $364 billion over 10 years.
In early November, 12 laid off half its staff in a move to cut costs.
In a move to cut costs, I.B.M. said yesterday that it was trimming 600 workers from its semiconductor business.
PARIS — Société Générale posted a larger-than-expected fourth-quarter loss on Wednesday and said it would move to cut costs and simplify operations.
In a move to cut costs, the bank announced in late August that it would eliminate 3,500 jobs, with 45 percent coming from the investment banking unit.
In other news, Continental Airlines plans to stop issuing paper tickets by the end of 2004, in a move to cut costs.
The local authority in Bristol has bought new premises in the city centre as part of a move to cut costs.
Three months later, during its third-quarter earnings report, SeaWorld said it would move to cut costs sharply, but it did not mention the possibility of layoffs.
The move to Madrid cost him the love of Liverpool and sadly tainted his Anfield legacy in the eyes of the supporters.
