December 12, 2004 07:10 AM
Bush Rejects Raising Taxes to Pay for Social Security Plan
Excerpt: President Bush flatly rejected today the possibility of raising payroll taxes to pay for an overhaul of Social Security, a project that is likely to cost trillions of dollars over the next several decades.
President Bush flatly rejected today the possibility of raising payroll taxes to pay for an overhaul of Social Security, a project that is likely to cost trillions of dollars over the next several decades.
"We will not raise payroll taxes to solve this problem," Mr. Bush told reporters after meeting with trustees of the Social Security system.
It was Mr. Bush's most explicit declaration so far that he intends to borrow the money needed for the centerpiece of his approach, which is to let people divert some of their payroll taxes to private savings accounts.
READ FULL STORY ...
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Read all 69 posts in the same category of Tax:
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Keep Your Income Tax Documents Safe From Identity Thieves - Aug 18, 2006
Tax Schemes Saved 61 Top Firms $3.4B - Aug 18, 2006
How to Make Tax-Law Changes Work for You This Filing Season - Feb 16, 2005
Taxed On Our Gains - Feb 13, 2005
Dell Revenue Sets Record, but Tax Charge Hits Profit - Feb 13, 2005
AT&T Investors Face Tax Headache - Feb 04, 2005
Popular Tax Software Is Now Free to All - Feb 04, 2005
Getting The Most From Tax Software - Jan 23, 2005
Your Online Tax-Paying Options - Jan 23, 2005
The Many Ways To Electronically File Your Tax Return - Jan 23, 2005
Be On The Lookout For These Tax Statements - Jan 23, 2005
A Wrong Address Could Mean Missed Tax Money - Jan 23, 2005
Don't Scream 'Audit Me!' - Jan 17, 2005
Pay Off Student Loan, Get A Deduction - Jan 17, 2005
Possible Tax Break For Tsunami Donors - Jan 04, 2005
Relief Donations May Be Deductible But Rules Apply - Jan 04, 2005
Report: Bush To Delay Tax Overhaul - Dec 28, 2004
Early Mortgage Payment Could Cut Your Tax Bill - Dec 23, 2004
Jewelry Donations Become Easier - Dec 22, 2004
New Tax Laws Create Traps At Year End - Dec 22, 2004
Five Moves To Make By Year-End - Dec 20, 2004
All I Want for Christmas: A Change in Taxes - Dec 19, 2004
Few People Aware Of New State Sales Tax Deduction - Dec 17, 2004
Ownership Has Its Privileges - Dec 12, 2004
Social Security Reform, With One Big Catch - Dec 12, 2004
Bush Eyes Social Security Threat - Dec 12, 2004
Put Away Your Check Book - Dec 10, 2004
IRS to Issue Rules On Tax Shelters - Dec 09, 2004
Year-End Tax Planning Moves for Small Businesses - Dec 08, 2004
Give Tomorrow, Get the Tax Break Today - Dec 08, 2004
2004 Year-End Tax Planning Moves - Dec 08, 2004
CCH Capital Changes Identifies Top Ten Tax-Complex Corporate Actions for 2004 - Dec 07, 2004
GainsKeeper Suggests Year-End Tax Planning Strategies to Minimize 2004 Taxes Owed - Dec 07, 2004
Stocks That Need Special Tax Moves - Dec 07, 2004
Poll: Social Security Needs Reform - Dec 07, 2004
Options Open On Tax Reform - Dec 07, 2004
More Tips to Slash Tax Tab - Dec 05, 2004
10 Tax Time Bombs To Defuse Now - Dec 04, 2004
Property Taxes Rising Nationwide - Dec 04, 2004
Noncash Gifts To Charities Can Be Deducted - Dec 04, 2004
2004 Year-End Tax Planning Moves - Dec 02, 2004
Get Your Car Ready for a Fast Giveaway - Dec 02, 2004
Don't Fear the Use-It-Or-Lose-It Rule - Dec 02, 2004
Partnerships Lose Tax Exclusion On Canceled Debt - Dec 01, 2004
A Tax Break for Your Kidney - Dec 01, 2004
8 Profitable Year-End Tax Moves - Nov 29, 2004
Tax Break Curbed: Changes To Donation Write-Off May Hurt Charities - Nov 28, 2004
When Is That Holiday Turkey Taxable? - Nov 26, 2004
Your Next Tax Hike - Nov 26, 2004
Line Up Your Tax Deductions - Nov 26, 2004
Last Chance to Trim Your Taxes - Nov 23, 2004
Know Your Optimal Year-End Tax Strategies - Nov 22, 2004
To the Point of No Returns - Nov 22, 2004
Turning the Tax Tables to Help the Poor - Nov 22, 2004
With Checkbook in Hand, Think of Uncle Sam - Nov 22, 2004
Moratorium On Web Tax Advances - Nov 17, 2004
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Bush Advisors Urge Deeper Tax Cuts In 2nd Term - Nov 17, 2004
The Best Way to Save on Health-Care Costs - Nov 16, 2004
Use it or Lose It - Nov 16, 2004
A New Twist To Your Tax Bill? - Nov 16, 2004
Taxes and Consequences: The Second Term Begins - Nov 13, 2004
Microsoft Payout Tempts Investors On Tax Strategy - Nov 12, 2004
What the Recent Tax Changes Mean to You - Nov 07, 2004
Highlights of 2004 Changes in the Income Tax Laws - Nov 04, 2004
Bush's Tax Cuts Are Unfair ... To the Rich. - Nov 03, 2004
No Rest for the Bleary: New Tax Turns to Ponder - Nov 03, 2004
Keep Your Income Tax Documents Safe From Identity Thieves - Aug 18, 2006
Tax Schemes Saved 61 Top Firms $3.4B - Aug 18, 2006
How to Make Tax-Law Changes Work for You This Filing Season - Feb 16, 2005
Taxed On Our Gains - Feb 13, 2005
Dell Revenue Sets Record, but Tax Charge Hits Profit - Feb 13, 2005
AT&T Investors Face Tax Headache - Feb 04, 2005
Popular Tax Software Is Now Free to All - Feb 04, 2005
Getting The Most From Tax Software - Jan 23, 2005
Your Online Tax-Paying Options - Jan 23, 2005
The Many Ways To Electronically File Your Tax Return - Jan 23, 2005
Be On The Lookout For These Tax Statements - Jan 23, 2005
A Wrong Address Could Mean Missed Tax Money - Jan 23, 2005
Don't Scream 'Audit Me!' - Jan 17, 2005
Pay Off Student Loan, Get A Deduction - Jan 17, 2005
Possible Tax Break For Tsunami Donors - Jan 04, 2005
Relief Donations May Be Deductible But Rules Apply - Jan 04, 2005
Report: Bush To Delay Tax Overhaul - Dec 28, 2004
Early Mortgage Payment Could Cut Your Tax Bill - Dec 23, 2004
Jewelry Donations Become Easier - Dec 22, 2004
New Tax Laws Create Traps At Year End - Dec 22, 2004
Five Moves To Make By Year-End - Dec 20, 2004
All I Want for Christmas: A Change in Taxes - Dec 19, 2004
Few People Aware Of New State Sales Tax Deduction - Dec 17, 2004
Ownership Has Its Privileges - Dec 12, 2004
Social Security Reform, With One Big Catch - Dec 12, 2004
Bush Eyes Social Security Threat - Dec 12, 2004
Put Away Your Check Book - Dec 10, 2004
IRS to Issue Rules On Tax Shelters - Dec 09, 2004
Year-End Tax Planning Moves for Small Businesses - Dec 08, 2004
Give Tomorrow, Get the Tax Break Today - Dec 08, 2004
2004 Year-End Tax Planning Moves - Dec 08, 2004
CCH Capital Changes Identifies Top Ten Tax-Complex Corporate Actions for 2004 - Dec 07, 2004
GainsKeeper Suggests Year-End Tax Planning Strategies to Minimize 2004 Taxes Owed - Dec 07, 2004
Stocks That Need Special Tax Moves - Dec 07, 2004
Poll: Social Security Needs Reform - Dec 07, 2004
Options Open On Tax Reform - Dec 07, 2004
More Tips to Slash Tax Tab - Dec 05, 2004
10 Tax Time Bombs To Defuse Now - Dec 04, 2004
Property Taxes Rising Nationwide - Dec 04, 2004
Noncash Gifts To Charities Can Be Deducted - Dec 04, 2004
2004 Year-End Tax Planning Moves - Dec 02, 2004
Get Your Car Ready for a Fast Giveaway - Dec 02, 2004
Don't Fear the Use-It-Or-Lose-It Rule - Dec 02, 2004
Partnerships Lose Tax Exclusion On Canceled Debt - Dec 01, 2004
A Tax Break for Your Kidney - Dec 01, 2004
8 Profitable Year-End Tax Moves - Nov 29, 2004
Tax Break Curbed: Changes To Donation Write-Off May Hurt Charities - Nov 28, 2004
When Is That Holiday Turkey Taxable? - Nov 26, 2004
Your Next Tax Hike - Nov 26, 2004
Line Up Your Tax Deductions - Nov 26, 2004
Last Chance to Trim Your Taxes - Nov 23, 2004
Know Your Optimal Year-End Tax Strategies - Nov 22, 2004
To the Point of No Returns - Nov 22, 2004
Turning the Tax Tables to Help the Poor - Nov 22, 2004
With Checkbook in Hand, Think of Uncle Sam - Nov 22, 2004
Moratorium On Web Tax Advances - Nov 17, 2004
25 Ways to Spend Your Flex Account - Nov 17, 2004
Bush Advisors Urge Deeper Tax Cuts In 2nd Term - Nov 17, 2004
The Best Way to Save on Health-Care Costs - Nov 16, 2004
Use it or Lose It - Nov 16, 2004
A New Twist To Your Tax Bill? - Nov 16, 2004
Taxes and Consequences: The Second Term Begins - Nov 13, 2004
Microsoft Payout Tempts Investors On Tax Strategy - Nov 12, 2004
What the Recent Tax Changes Mean to You - Nov 07, 2004
Highlights of 2004 Changes in the Income Tax Laws - Nov 04, 2004
Bush's Tax Cuts Are Unfair ... To the Rich. - Nov 03, 2004
No Rest for the Bleary: New Tax Turns to Ponder - Nov 03, 2004
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