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Big-ticket purchases on hold for many this year
A study by investor website millionairecorner.com finds just 6% of shoppers with incomes higher than $50,000 plan a major purchase such as a trip, automobile or electronics this holiday season. "The wealthy are more conservative regarding their holiday spending because they realize that they are the ones who will be most impacted by increased taxes next year," said Catherine McBreen, president of millionairecorner.com.

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