tax ceiling

For instance, I think there is a very strong case for raising the payroll tax ceiling as one way to cut the deficit.

If that same couple's house was worth $100,000, the tax ceiling on it would again be $2,000.

Raising the Social Security payroll tax ceiling could cut the deficit and reduce the tax's regressive nature.

Raising the Social Security tax ceiling from 86 percent to 90 percent of the wage base will hurt the lower middle class and the poor.

The school district had tried to increase taxes several times but was rebuffed by the voters and blocked by tax ceilings imposed by state law.

That would leave the Nets, the defending Eastern Conference champions, with some maneuvering room, but not without banging heads on the luxury tax ceiling.

In 2008, Daniels proposed a property tax ceiling of one percent on residential properties, two percent for rental properties and three percent for businesses.

First, Congress should raise the Social Security tax ceiling on the American wage base to cover 90 percent of total earnings, instead of the current 86 percent.

"We have reached a tax ceiling," said Kjell-Olof Feldt, Sweden's Minister of Finance.

Last November, in a new stab at breaking the impasse, President Reagan agreed with Congressional leaders on spending and tax ceilings for the next two years, but already they are bickering again.

Mr. Bush staunchly opposes any increase in the payroll tax rate, but he has not ruled out an increase in the payroll tax ceiling, a step that could raise just as much money.

Presumably to sustain the benefit structure of the threatened Social Security Trust Fund, we had a massive payroll tax increase in 1982 - an increase that disproportionately affected those workers making less than the F.I.C.A. tax ceiling of $52,000.

Senator Mitchell estimated that his plan for home care and nursing home care would cost $16 billion to $18 billion a year, to be covered by raising the payroll tax ceiling and Medicare premiums, and with a gift and estate surtax.