You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases.
But Mr Putin has always maintained he is simply trying to make Yukos pay its back tax bill.
Peeling back tax breaks for health plans was on the table in 2009 when lawmakers began drafting the health overhaul.
Pruning back tax expenditures (both to raise revenue and to cut rates) and culling spending programs (including entitlements) are better alternatives.
Meanwhile, states have resorted to various measures to claw back tax.
They are proposing to roll back tax cuts that we had put in place during the Recovery Act that give 95 percent of working Americans tax relief.
Others couldn't (or wouldn't) pay the full AMT bill on this phantom income and have spent years fighting IRS collection while their back tax bills--including interest and penalties--grew.
They could do what the Democrats allege: Scale back tax preferences in such a way that middle-income households pay higher taxes than they do today while high-income people enjoy a tax cut.
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President Bush has hit Kerry hard over his spending proposals saying there is a "tax gap" between what he has promised and what he can raise by rolling back tax cuts for the wealthiest Americans.
Some clients could face back tax bills and others could lose millions in stock gains in a mystery that includes a former Citibank executive, companies in Ireland and the Isle of Man and Britain's former honorary consul to Liechtenstein.
On at least one policy front, Clinton said if corporations were allowed to bring overseas money back tax free from places like China on the grounds that they invest in infrastructure here, then that would be good for the economy.
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"People don't oppose the tax credit, but they oppose the offsets that are going to pay for it, such as rolling back tax incentives the oil and gas industry got in 2005, " says Lowell Ungar, director of policy for the Alliance to Save Energy.
Sarkozy, a man constitutionally uncomfortable unless the spotlight is shining on him, has even threatened to walk out of the G-20 proceedings rather than sign up to anything he doesn't consider tough enough on reining back tax havens, policing hedge funds and restricting the bonus culture.
So they become ideal investments for an IRA account, whereas previously they were better investments in a taxable account, because you could get that Canadian tax back on your US tax return.
Even if you know you have no tax to pay, you have to complete and send back the tax return.
This is a back door tax that will raise significant revenue for the government.
Eliminate or scale back the tax preferences you need to accomplish the first three.
Imagine what we can do if we take back the tax cut for the top 1%.
Not rolling back the tax cuts, by the way, according to the polls.
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By contrast, both Cain and Perry would dump the AMT and sharply scale back individual tax subsidies.
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She fought back in Tax Court, and in 1999 Uncle Sam conceded she didn't owe a dime.
PP, meanwhile, likes to hark back to tax cuts when it ran Spain in the late 1990s.
But he refused to say whether he wants to roll back any tax cuts -- something Bush opposes.
Yet while back-tax claims have wrecked Yukos, Sibneft seems to have settled a much smaller bill quietly and amicably.
His successor, Abdullah Badawi, is wooing investors back with tax breaks.
Of course, when the economy bounces back, tax revenues will rise.
That high-visibility contest was no closer, however, than the one just fought in New Zealand, where incumbent Laborite Helen Clark held back the tax cutter, Donald Brash.
Quite simply, roll back the tax cuts to the wealthy, with the caveat that if a person does invest in creating new jobs, then they will get the tax breaks.
These included personal net worth, cash flow and stock option statements, back federal tax returns, W-2s, a company benefits package, various insurance binders, brokerage and 401(k) statements, pension calculations and wills.
Let me be absolutely clear, because I know you'll end up hearing some of the same claims that rolling back these tax breaks means a massive tax increase on the American people.
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