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...serious about unseating Ted Kennedy,” Scott said, adding to laughs that, “I think my closet has fewer skeletons.” After the Wakefield resident mentioned his “grass-roots” background, he went on to discuss the need for tax reform. “I lean more towards a flat tax,” Scott said. “It will bring a lot of new money into the government.” On the Iraq War, of which Kennedy has been one of the most vocal critics, Scott suggested...

Author: By Bob Payne, CONTRIBUTING WRITER | Title: G.O.P. Moderate Hopes To Unseat Kennedy in 2006 | 12/15/2005 | See Source »

...unreasonable to expect that I would call up the HIO every time I need to make a purchase at the mall.The SSN is a permanent nine-digit identification number issued by the government to its citizens, permanent residents, and temporary residents with a job. Its primary purpose is to tax income in order to provide retirement and medical benefits. However, over the past few decades, the SSN has deviated from its original purpose. Now, SSN’s are required in order to set up basic services such as cell phones, credit cards, and to apply for a driver?...

Author: By June Hwang, | Title: Social Insecurity Number | 12/15/2005 | See Source »

...different perspectives—one who developed the Clinton social security plan, one who developed the McCain one, and one who developed the Bush one. That’s an enormously valuable thing.” Under current projections from the SSA, benefit payouts will begin exceeding Social Security tax revenues in 2017. Trust funds would then cover the difference until 2041, when they would be completely exhausted. The proposal fills in the funding gap with a mix of benefit reductions and revenue increases. The proposed benefit reductions include progressive benefit cuts—meaning that high income earners would...

Author: By Alexander N. Li, CONTRIBUTING WRITER | Title: Social Security Reform Unveiled | 12/15/2005 | See Source »

...Harvard University is one of the best PILOT agreements ever negotiated between a community and a non-profit institution,” the WADC wrote in its close-out report, adding that the deal “provides revenue stability for the next fifty years that would likely exceed tax revenues from a private development...

Author: By Paras D. Bhayani, CONTRIBUTING WRITER | Title: With Harvard Help, Arsenal Site Thrives | 12/12/2005 | See Source »

...that Harvard and Watertown have reached an agreement concerning the lost tax revenue, community leaders are less concerned about Harvard’s future plans for the site. Instead, they emphasize that after 17 years of hard work, the massive environmental cleanup is finished, the redevelopment of the property has been paid for, and several new charities and cultural centers have been endowed in the process...

Author: By Paras D. Bhayani, CONTRIBUTING WRITER | Title: With Harvard Help, Arsenal Site Thrives | 12/12/2005 | See Source »

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