Word: taxed
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Kerry's innovation: small businesses and their employees would receive tax credits to cover as much as 50% of the premiums for low- and moderate-income workers. The government would also pay 75% of employers' costs for catastrophic health care, removing a huge expense and trimming employees' family premiums. Hoping to extend coverage to 27 million uninsured, Kerry would also offer tax credits for individuals and expand existing programs for low-income people...
...cost: $700 billion to $1 trillion over 10 years. To pay for it, Kerry would roll back Bush's tax cuts for people earning more than $200,000, which would probably fall short of the final bill...
Bush's innovation: low-income families who set up HSAs would get up to $1,000 to put in these tax-free savings accounts to help meet high deductibles and a $2,000 tax credit to help cover the premiums. Through these savings accounts, along with tax credits for low-income families and small businesses that make contributions to their employees' HSAs, Bush would insure 6 million to 10 million more people...
...your bank statements and canceled checks, accountants advise saving them for seven years. And keep those tax returns forever: in the unlikely event the IRS claims you didn't file in 1958 or 1972, you'll need to prove...
...long should one save canceled checks, income tax returns and bank statements? What about papers relating to buying and selling a house? My wife and I have owned seven houses in five states since the mid-1950s, and we bought our present one six years ago. I have a drawerful of real estate papers as well as five years' worth of checks and statements, and I'd like to get rid of useless paper. --Don Stricker, Kansas City...