Word: taxed
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...past, Putin has shown himself ruthless in imposing his authority - as Mikhail Khodorkovsky, the Yukos founder who tried to challenge Putin's power by funding rival political parties, discovered to his cost. Khodorkovsky has been in prison since October 2003, charged with offenses, which he denies, including tax evasion, embezzlement and theft. So when critical views are expressed, it suggests that somewhere within the country's ruling establishment, questions are surfacing about the President's ability to lead...
Democrats need to tell voters they have an obligation to help the poor, an obligation to defend the disenfranchised and the oppressed. Voters are sick and tired of being appealed to like consumers. They want to feel like their vote is more than something they trade in for a tax break or a subsidy. That’s why the evangelicals do so well. They don’t offer salvation on the cheap, but they do offer a chance to be part of something larger than the individual...
...some of whom still aspire to fiscal responsibility and fear that the President's proposal, when it comes, will break the bank. Others are afraid the Democrats' ancient entitlement demagoguery--the Republicans want to steal your retirement!--still has sting. Why on earth didn't the President lead with tax reform, which is always fun, incomprehensible to the public and inevitably profitable for the G.O.P.'s traditional Gucci constituencies...
...Attorney General--designate Alberto Gonzales last week for allowing the White House to loosen the rules on torture. This week, praise goes to his Social Security reform plan. Graham actually approaches fiscal sanity. He would offer individuals a chance to invest up to $1,300 of their payroll taxes per year in any of five government-approved funds, ranging from stock indexes to private bonds to government paper--or to stay in the current system. He would pay for this by raising the cap on the Social Security payroll tax from $90,000 to $200,000, and by changing...
WHAT ABOUT TAX DEDUCTIONS? Donations to overseas charities aren't deductible. If, however, the group has U.S. operations--and tax-exempt status (you can check at irs.gov see Publication 78)--you're in the clear. Gifts made to tsunami-specific funds by the end of January may be deducted from 2004 taxes. But even a 2005 deduction should make opening your heart--and your wallet-- easier. --With reporting by Carolina A. Miranda and Deirdre...