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Bush On The Payroll Tax



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His comments aren’t a death blow to Senator Lindsey Graham’s idea of raising the payroll tax cap to win Democratic support for private accounts. Graham could still offer Democrats increased progressivity in the payroll tax: raising the income range to which the payroll tax applies, while lowering the payroll tax rate. At the moment, of course, Graham looks to the outside world as though he is negotiating with himself.



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