So he is going to give 95% of workers a rebate? How come we can't get a straight answer form the O camp?
On Thu, Sep 18, 2008 at 9:51 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > Ah, that's a separate issue. Obama's economic team has performed a > very deft trick- they have created welfare for the low income earners > and a surplus tax on high income earners without ever talking about > either one, all by rigging the payroll tax system. > > 1. welfare - Giving a rebate on payroll taxes, even though the person > paid no income taxes. I thought the point of Social Security was that > everyone contributed, because it is a shared system. Apparently Obama > thinks otherwise. > > 2. surplus taxes - By applying an 8.5% tax to all income above $250K > (I think that's the number), Obama is instituting a new tax. It is a > payroll tax in name only, because the people who pay it are never > going to see a nickel of that money back. That is a a tax, plain and > simple. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:270263 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
