SPECIAL: Redistribution in Recent History
Dave
President Bush borrows money to pay for above tax cuts.
President Bush shifts debt liability to wage earners.
Working people pick up tab for tax cuts on wealthy.
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How is this not income redistribution?
How is this not class warfare?
(Always pay attention to what the piggies squeal the loudest
about-chances are they themselves are guilty of doing what they decry)
RHF
Dave for your 'Special' would appear to mean Off-Topic.
But it is True the Rich Do Not Pay Their Fair-Share :
Starting with Elimination the Cap on the Social
Security Payroll Taxes. Which results in 7%+7% for
a Total of 14% which is denied to the Social Security
Funds and made-up by General Tax Revenues.
* Social Security is a Flat Tax -but- Oops with a
CAP the High Income Earners Get to Escape Most of It.
* Plus Businesses Get a 7% Tax Break for Higher Income
Employees too.
Example :
A - $120K Employee Pays the Full 7% for $8.4K
plus the Employer Pays the Full 7% for $8.4K
B - $240K Employee Pays the Full 7% on $120K for
$8.4K but does not Pay the 7% on the remaining
7% so their effective Social Security Tax is 3.5%
plus the Employer Pays the Employer only Pays
$8.4K {a $8.4K Savings} for an effective Social
Security Tax of 3.5% too.
.
eliminate the payroll cap on social security and
have the high income employees and employers pay
their fair-share of the full 7%+7% tax ~ RHF
.