There were two things going on: 1) I had already established in my own mind where I wanted to go with the next series and having James around as a Grey Eminence would have complicated matters. He had had an amazing life and it was time to bid him good-bye.

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Legislation to create a new 10 percent tax bracket reduce the marriage penalty cut the tax rate on dividends and capital gains and increase the child tax credit have been essential elements in this economic expansion.