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January 16, 2004

Chutzpah

Bush to Revive Social Security Tax Plan
By SCOTT LINDLAW
Associated Press Writer

January 16, 2004, 12:09 PM EST

WASHINGTON -- President Bush will use next week's State of the Union address to try to revive a proposal that would allow younger workers to invest a portion of their Social Security taxes in the stock market, the White House said Friday.

His election-year agenda also calls for pressing Congress to make already-enacted tax cuts permanent, such as the elimination of inheritances taxes and reductions in capital gains taxes. Bush is likely to renew his push for a new kind of tax-preferred savings accounts that could be used for retirement, college, health care or other purposes.

Posted by P6 at January 16, 2004 08:38 PM
Trackback URL: http://www.niggerati.net/mt/mt-tb.cgi/16
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