Next President to Face Pressure on Taxes
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.
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Whichever party wins the next general election will have to cut spending or raise taxes by Â£7bn if it is not to break Gordon Brown&#39;s &quot;golden rule&quot;.
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The simmering debate between Airbus and Boeing over subsidies is likely to intensify as negotiators from the United States and European Union, under pressure from the US president, prepare
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Whoever wins the November 2 presidential election will inherit massive budget and trade deficits that pose huge economic challenges that will give little relief for President George W. Bush or rival John Kerry.
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Some people don&#39;t think about federal income taxes until the first week of April. Others jump on them in late January, as soon as their W-2s show up in the mail.
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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FREDERICKSBURG, Virginia  - President George W. Bush, in a battle with Congress over spending legislation, vowed to veto any tax increase.
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President Bush is unveiling sharp new criticism aimed at Sen. John Kerry&#39;s positions on national security and domestic concerns, including taxes and Social Security, as he
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Taking on the most sacred cow in US tax policy -- corporate deductions -- is sure to be President Bush&#39;s biggest hurdle. BY MARILYN GEEWAX.
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President Bush's call for a simpler  tax code could mark the next step in a gradual move toward a  system that places more of a tax burden on consumption and less  on savings, analysts say, a direction critics think would put a  bigger burden on working Americans.
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President Bush appeared quite cheery at his press conference last week. But that glow will be tested in the months ahead as he faces the task of putting America&#39;s fiscal house in order after four years of massive tax cuts and rampant overspending.
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The pharmaceutical industry is expected to face pressure to curb rising prescription-drug costs no matter which candidate wins next week's U.S. presidential election.
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Democratic presidential rivals called for higher taxes on the wealthiest Americans and on big corporations Thursday and said any thought of balancing the federal budget would have to wait.
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President Bush, under election-year pressure on the economy, said on Sunday that Democratic presidential nominee John Kerry's plan to raise taxes on the wealthy would hinder the creation of jobs.
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If taxes are the price of civilization, election year is the time for bargain hunting. Over the past few months, President Bush and Sen. John Kerry, D-Mass.
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A bill expected to get President Bush&#39;s signature soon would allow Florida taxpayers to deduct sales tax on their federal income tax forms.
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President Bush, under election-year pressure on the economy, said on Sunday that Democratic presidential nominee John Kerry&#39;s plan to raise taxes on the wealthy would hinder the creation of jobs.