Summary Box: No Taxes for Social Security
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NO HIKE: President Bush ruled out raising taxes to finance an overhaul of Social Security to help the system survive an impending wave of retiring baby boomers.
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In at least one of the past three years, 82 of the largest US companies paid no federal income taxes, a report released Wednesday said.
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ORLANDO, Fla., Jan 10 -  - Actor Wesley Snipes paid no federal taxes on $37.9 million in income from 1999 to 2004, even after the Internal Revenue Service told him in 2002 that he was under criminal investigation, according to documents filed ahead of Snipes' tax fraud trial.
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Congress wants you to save, not spend, your tax refund. So why did it lay so many traps?
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Social Security disability benefits may not be safe from the across-the-board cuts that are likely in President Bush's proposal to allow personal investment accounts.
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PORTSMOUTH, N.H.  - President Bush suggested in an  interview published on Wednesday he may be open to raising the  cap on Social Security taxes paid by high-income earners, but  told a crowd in New Hampshire he would reject an increase in  the payroll tax rate.
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Mention of Social Security&#39;s future triggers anxious questions. Will it be there when you retire? Will benefits be cut or eligibility changed?
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President Bush pledged in his State of the Union speech Wednesday not to reduce Social Security benefits for workers 55 and older. So what do you do if you're 54?
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The following editorial appeared in the St. Louis Post-Dispatch on Thursday, Feb. 8:  Do people earning more than $200,000 a year deserve a welfare check from Uncle Sam? Of course not.
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There's one thing I think we can all agree on when it comes to President Bush's proposal to set up personal investment accounts as part of the Social Security program: As the saying goes, the devil is in the details, and the details are woefully lacking thus far.
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Audrey Davison lives alone, gets a $620 Social Security check each month and worries about the sharply rising taxes on her four-bedroom house. Davison, 76, raised her family there and after 43 years, she really doesn't want to leave Greenburgh.
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Estimates are that by 2018 the Social Security system will start paying out more in benefits than it collects in taxes. By 2042, with the deficit approaching $13 trillion, the tax revenues are only expected to cover about 73 percent of benefits owed.
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People living in states without income taxes could see their federal income taxes fall by about &#36;500 if they itemize deductions under the corporate tax overhaul approved by Congress.
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The nation's 47 million Social Security recipients got a bit of good news yesterday: their checks next year will increase 2.7 percent, or an average of $25 thanks to the program's annual cost-of-living adjustment. But looking further into the future, the news is less encouraging. A trio of forces -- higher taxes, rising medical costs, and a mandated increase in ...
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Near-retirees age 55 and older would receive benefits without any changes under President Bush's far-reaching plan for Social Security. But the government guarantee would drop for younger workers whether or not they set up personal accounts.
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WHAT'S POSSIBLE: Social Security disability benefits may not be safe from the across-the-board cuts that are likely in President Bush's proposal to allow personal investment accounts.
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Many large corporations paid no federal corporate income taxes during at least one of the last three years. Many others -- including two of Indiana&#39;s largest companies -- were