Rudy: No tax hike for Social Security
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Republican presidential hopeful Fred Thompson suggested raising out-of-pocket costs for higher-income Medicare beneficiaries, and rival Rudy Giuliani ruled out a Social Security tax increase Wednesday in auditions for support from influential economic conservatives.
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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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Even if President Bush could snap his fingers and magically &quot;fix&quot; Social Security tomorrow morning, the nation would still be facing a fiscal crisis.
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In this photo provided by Fox News Sunday, Treasury Secretary John Snow discusses social security, tax reform and his future in the Bush Administration on FOX News Sunday with Chris Wallace, in Washington, Sunday, Dec. 19, 2004.
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President Bush acknowledged the dicey politics of Social Security as he urged Congress to approve his plan to add personal accounts to the system. With the system in financial straits, he said, any political price is worth paying.
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It's the perfect tax: Government exacts a big payment without having to fend off lobbyists or wage a political fight. And in most cases, the taxpayer doesn't even have a say.
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Leadership is going to be the single most important issue to Republican voters. That, along with the conservative animus towards McCain, is why Rudy has the edge
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President George W. Bush on Thursday ruled out raising payroll taxes to help pay for Social Security reform, a transition experts have estimated will cost $1 trillion to $2 trillion.
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(Buffalo, NY, October 19, 2004) - - If you&#39;re eligible for Social Security, Uncle Sam says expect a bigger check this year. But don&#39;t get too excited.
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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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The Senate Finance Committeeâs plan would have no income cap to disqualify high earners.
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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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Treasurer Peter Costello said Labor&#39;s Medicare Gold policy for older Australians would never be implemented. Mr Costello predicted the cost of Labor&#39;s plan for free hospital coverage for all people aged 75
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There is no looming crisis in Social Security, and Congress should not rush to create private accounts, Rep. Charles Rangel, D-N.Y. said Saturday.
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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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Republican presidential candidate Rudy Giuliani, who had prostate cancer in 2000 and was hospitalized last week for a severe headache, said on Monday he does not have cancer.
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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. But nobody wanted to spoil the Madison Square Garden party by mentioning such unpleasantries. After all, Republicans are insisting that Democrat John Kerry is the candidate who will increase taxes.