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    US tax hikes fail to discourage consumer spending

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    euronews (in English)

    by euronews (in English)

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    US consumers made light of any tax hikes to boost retail spending by 1.1 percent, the biggest rise in five months.

    As much as half of the increase was a result of higher petrol prices, but Americans also splashed the cash on cars, high street fashion and furniture.

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    http://www.euronews.net/