Counterproposal to privatization offers another plan for Social Security.(Brief Article)

Social Security privatization is now receiving much attention in policy circles. Proposed privatization plans range from modest changes in the mix of assets held by the Social Security trust fund to the phased-in replacement of all Social Security benefits and taxes with mandatory Individual Retirement Accounts (IRAs). Much of the ......

Although he rarely mentioned the idea during the campaign and never suggested it during the debates or public forums. George Bush wasted no time in announcing on November 5--just three days after his narrow victory over John Kerry his plans to privatize the nation's most fundamental social program. The changes ......

DOVER - Allowing Americans to divert a portion of the Social Security tax into private accounts could have a devastating impact on Delaware's economy, according to a report released April 13 by Delaware United to Protect Social Security. President Bush has proposed creating the accounts, also known as privatization, as ......

ABSTRACT In this study, we construct explanations for the taxation of social security benefits based on previously identified dimensions of fairness (exchange, horizontal, and vertical equity). We then conduct an experiment to examine whether providing senior citizen taxpayers with explanations increases the perceived fairness of taxing social security. The results ......

HEADNOTE Bush's privatization splinters Republicans and unites Democrats. PRESIDENT BUSH CLAIMS THE 2004 election gave him a mandate to pursue his No. 1 second-term priority, the partial privatization of Social Security. But the voters don't think so. Only 35 percent of Americans think Bush has a mandate "to allow workers ......

HEADNOTE Abstract Social Security reform as put forward by the President's Commission on Strengthening Social Security (2001) includes three model proposals each of which contain voluntary privatized accounts. Opting for private savings incurs the penalty of losing benefits that accrue in a set-aside account. Three simulations were run using Monte ......

HEADNOTE BUSH AND GORE ARE AT OPPOSITE ENDS OF THE SPECTRUM. SUPPOSE YOU STARTED WORKING IN 1959 and earned at least the maximum amount on which Social Security taxes were due each year-$4,800 back then-and you put aside an amount equal to the sum that you and your employer otherwise ......

Our 111-page Business Guide discusses key provisions of consulting and independent contractor agreements, as well as the tax implications, and ......

All W2´s must be postmarked by January 31, 2006 per Federal Regulations. You give this to your employees, who use it in filing their tax returns. It tells how much compensation the employee received during the past year, and how much was withheld for various taxes. Copies go to the ......

The Jobs Creation Act, signed into law in 2004, permits private collection agencies to collect past due federal taxes. Although there has been opposition to the idea (for one thing, the agencies charge more for their services than it would cost IRS to hire additional employees), Congress has provided funding ......

The government is attempting to enlist small businesses in its latest effort to crack down on illegal workers, threatening increased prosecution and stiff fines for those who refuse to cooperate.

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