JCWA - What does JCWA stand for? The Free Dictionary
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The Incentives in JCWA. The incentive provisions for New York in JCWA also favor the wealthier, those with capital to invest.
The case for conferring such a windfall on the owners of real estate in lower Manhattan is not obvious, and was certainly not made in the legislative history of the JCWA. (95)
(133) The economic incentives enacted as part of JCWA, however, became only an opening bid in KETRA and was met and raised in GOZA.
The tax reductions in the Economic Growth and Tax Relief Reconciliation Act of last May are expected to reduce household direct taxes by $70 billion (0.7 per cent of GDP) in the current fiscal year, nearly twice the reduction in the last fiscal year, and the measures to support business investment in the JCWA
Act will temporarily reduce revenue by a further $39-43 billion (0.4 per cent of GDP) this year and next.