How can the wealthy remain untaxed?  Families making under 60k? a year don't
pay anything...who is paying?

On Sun, Sep 6, 2009 at 9:05 PM, b_s-wilk <b1sun...@yahoo.es> wrote:

> Tom is right in a way that conservatives have been wanting for a long time,
> but Mike is wrong--it's everybody's money except the wealthiest people who
> remain mostly untaxed. Social Security and Medicare are flat taxes, no
> exceptions, just what they love. However, there's a huge exception that
> needs to be corrected. Conservatives can have their flat tax, and everybody
> gets to pay tax on all of their income--no loopholes.
>
> I think it's now a combined 15% tax [7-1/2% each for employer and employee,
> or all 15% for self-employed]. By increasing the ceiling to include all
> income over $100,000 too, the tax could be lowered, both Social Security and
> Medicare will be solvent long into the future, and the conservatives will
> get their wish for a flat tax that's lower than it is now. Works for
> everyone.
>
>
>  Brilliant!  Socialism is great till you run out of everyone elses money.
>>
>>  >
>>>
>>>> >> If gov't programs aren't supposed to make money, can we at least ask
>>>> they
>>>> >> don't LOSE so much?
>>>> >>
>>>>
>>> >
>>> > Simple. Just raise taxes.
>>>
>>
>
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