SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Neocon who wrote (178623)9/7/2001 3:16:16 PM
From: DavesM  Read Replies (2) of 769670
 
Funny thing is IMHO, is that tax rates are pretty flat. One just has to belive (as I do)that FICA really is a federal income tax. FICA insures that middle and lower income levels pay their fair share of taxes. Therefore, I also believe that the rich do not pay nearly as much a percentage of Federal taxes as many conservatives say...because many working class people probably pay more in FICA than in Federal Income taxes.

Of course that won't change the fact that wealth and income are not exactly the same thing. IMHO tax structures other (european) countries have are designed to keep social and economic classes in their place - to deny the ability to move upward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext