Scrap the tax code? Bush floats a national sales tax
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On the campaign trail, the president appears open to a major shift, which Kerry promptly pans.
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US President George W. Bush signed legislation extending popular tax cuts in this key up-for-grabs state and charged that Senator John Kerry's foreign policy would be &quot;dangerous for world peace&quot;
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Social Security and tax code changes could strain the federal budget. The president could use a rising GDP.
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As the Bush administration looks to revamp the tax code, New York officials say they are particularly worried about one idea being considered: eliminating the federal deduction for state and local taxes.
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Wholesale changes to the tax code that just weeks ago were identified as a Bush administration goal by the end of 2005 are being pushed back for at least another year.
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His annual 'relief' puts Bush in the pantheon of big tax cutters.
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Congress overwhelmingly approved a 146-billion-dollar tax cut endorsed by both President George W. Bush and his rival John Kerry but criticized by some economists.
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President George W. Bush signed into law a 146-billion-dollar tax cut extension, one month before the hotly-contested US election that pits him against Democrat John Kerry.
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President Bush says the United States should have a simpler tax system. Apparently he has found one he likes &#151; Estonia's. In a brief stop in the Baltic nation on Tuesday, Bush managed to tout Estonia's flat income-tax three times.
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Every year, Americans save billions in sales taxes by buying merchandise on the Internet rather than at retail stores. But state and federal legislators are working together to close the loophole and generate billions in new revenues for state coffers.
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The US Congress approved a ban on taxing internet access and online sales, which US President George W. Bush is expected to sign, a sponsor of the bill said.
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PEORIA, Ill., Jan. 30 -- So it's come to this. As President Bush tries to win back public support and sell his new domestic program, he came here Tuesday to see whether it would play in, well, you know the rest.
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WASHINGTON : Congress approved a 146-billion-dollar tax cut endorsed by both President George W. Bush and his rival John Kerry but criticized as a budget buster by some economists.
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One month before Election Day, President Bush sought Saturday to make sure Americans know he is signing into law a fourth tax cut in four years. On Monday in Iowa, Bush will sign legislation extending three popular middle-class tax breaks and reviving some expired business tax incentives.
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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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Republican presidential hopeful Mike Huckabee said eliminating federal income taxes in favor of a national sales tax would help save Social Security Â an odd pitch in a state where residents pay no state income or sales taxes.
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IN HIS SPEECH at the Republican convention, President Bush put reform of the tax code on the agenda for a second term, saying he wants &quot;a simpler, fairer, pro-growth system.