the Senate also voted to approve a total of $134 billion in tax cuts, $34 billion more than President Bush requested and $64 billion more than the Senate Republican leadership had initially proposed.
In addition to extending the cuts on capital gains taxes and dividend income, the move was intended to repeal an unpopular tax, enacted in 1993, on Social Security benefits for the wealthy.
:: posted by buermann @ 2005-03-18 10:18:56 CST |
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