TAX CUTS IMPACT RETAILERS

WASHINGTON -- Food retailers should enjoy some benefits from two pieces of tax legislation that advanced last week, according to industry associations.First, President Bush signed into law the Working Families Tax Relief Act, which, in addition to extending certain tax breaks for families for another five years, also extended the Work Opportunity Tax Credit and Welfare to Work Tax Credit through Dec.

WASHINGTON -- Food retailers should enjoy some benefits from two pieces of tax legislation that advanced last week, according to industry associations.

First, President Bush signed into law the Working Families Tax Relief Act, which, in addition to extending certain tax breaks for families for another five years, also extended the Work Opportunity Tax Credit and Welfare to Work Tax Credit through Dec. 31, 2005, and made them retroactive for the last nine months. Many retailers use tho

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