ECONOMIC VIEW Whoever Wins, More Taxes May Be the Only Way Out
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T&#39;S often forgotten that President Ronald Reagan signed a bill to raise taxes in the early 1980&#39;s after first cutting them.
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If you really want to get discouraged about the prospects for property tax relief, consider the numbers as the state closes the books on what is turning out to be a banner year for taxes, if not taxpayers.
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Weighing the benefits of tax-free growth with the pain of locking in your money.
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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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Voters are often told that the countryâs economic health depends on pulling the right lever. But a new administration often brings only moderate economic policy changes.
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President Bush has vowed to make tax reform a centerpiece of a second term, but Treasury economists warned in 2002 that simplification of the nation's tax system would likely lower taxes for the rich and could have devastating political consequences for its champions.
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Hardly anybody likes the current tax system. But as President Bush undertakes the potentially historic task of coming up with something better, he is confronting
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Whoever wins the election may have to make tough choices about Social Security's finances.
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By next year, Maryland residents could pay another penny per dollar in sales tax on most products they buy. They could pay several cents more for each gallon of gas they put in their cars and another dollar for each pack of cigarettes they smoke.
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The rich pay a lot of taxes as a total percentage of taxes collected, but they donÂt pay a lot of taxes as a percentage of what they can afford to pay.
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The looming political battle over  how to reform the tangled U.S. income tax code could get ugly.  But one option, a tax aimed at boosting savings, holds promise.
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With the robust economy, tax revenues are pouring in. But rising costs lie ahead.
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President Bush&#39;s &quot;revenue-neutral&quot; tax reform needs losers to balance its winners, and people claiming the federal deduction for state and local taxes may be in administration planners&#39; sights, news reports say.
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The big fight on economic stimulus will be over whether to put more money in the hands of low-income families who paid little or no income tax last year.
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One yearâs winner can lose big in the next cycle.
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Here's a new approach to tax season: Slow down.
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Political wisdom this week runs smack into economic reality. It is not yet clear which force will prove more powerful.