Word: taxed
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...Tax Americana French President Jacques Chirac may be the anti?George W. Bush in foreign policy, but when it comes to lowering taxes, the two leaders are of one mind. Chirac is renewing his push to slash French income tax by 30% before 2007 - a promise from his 2002 campaign...
...With previous cuts totaling only 10% and sluggish growth eroding revenues, Chirac is looking to new Finance Minister Hervé Gaymard to work some magic. Last week, Gaymard pledged tax cuts in 2006 and 2007 and vowed to sell stakes worth nearly 320 billion in state firms including nuclear-power company Areva and utility mammoth Electricité de France. That, Gaymard hopes, will stimulate economic growth that, at 2.3% in 2004, was below government estimates of 2.5%. Surprisingly, Gaymard is predicting the same for this year. "Given commodity prices like oil rising, we should count on lower growth next year...
...agree with him. Social Security maintains absolute trust because Americans know that only collectively can we guarantee that working America will not starve in its senescence. Social Security certainly needs to fix its balance sheets, but there are many ways to achieve this. Benefits could be reallocated, the tax burden of Social Security could be shifted, or the age at which benefits commence could be changed. These are all feasible options, and Democrats need to show Americans how many possible plans could keep the elderly secure in the latter half of the century...
...political team of Dole/Gingrich/Barbour enforced a clear line in the sand: No cooperation with the other party. No “compromise” that would just mean slightly less liberal liberal legislation. Not a single Republican vote that could provide cover for Clinton’s deficit-cutting tax increase. And above all, No New Health Care—because guaranteed health care for the middle class might guarantee Democratic votes from the middle class...
...determining how local schools measured success and huge expansion of Medicare. They're quiet no more. The group, led by Indiana Rep. Mike Pence, put a statement of principles following their retreat that called on Bush to allow for larger personal accounts in his Social Security plan, permit no tax increases to pay for Social Security, aggressively push for a federal gay marriage ban and drastically cut spending. "House conservatives have never been as important in terms of policy influence as on this issue," said Pence, highlighting the group's plans on Social Security...