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 : Foreign Affairs Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: aladin who wrote (67810)1/22/2003 8:47:29 PM
From: JohnM  Read Replies (2) of 281500
 
No - that would make it look worse. Social Security is cap'ed, but not the others.

The usual citation of the data you quoted, John, is on income tax alone which, it's my understanding, is less regressive than the others I mentioned. If they were included, the numbers come out differently.

As you might guess, I'm not bothered by the rich paying taxes; they seem to be doing quite well at the moment and have been doing so, relatively to the rest of us, since the middle 70s. I'm bothered by the deteriorating public infrastructure of the country; the deteriorating incomes of the bottom portions of the distribution; the loss of most of the safety net; tax breaks which help only the wealthy, provide little stimulus if any; and greater drains on the diminishing tax dollars for home security and national defense while further denying services. Not a happy picture.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News