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Politics : PRESIDENT GEORGE W. BUSH
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To: Srexley who wrote (567968)4/22/2004 11:35:40 PM
From: Lizzie Tudor  Read Replies (1) of 769670
 
LOL- oh yeah its really likely a flat tax would raise poor people's taxes, especially since they are already paying 15% to fica which is higher than any flat tax proposal I've seen. Fica is a highly regressive scam of a tax and any flat tax which didn't include fica would simply match fica rates *at most*. A 15% flat tax on all income, passive and active with no deductions for things like "house exclusion" and other BS would kill the wealthy contributors who conservatives pander to, so its a no go. BTW the entire fica burden is paid by the worker, not the employer, the fact that fica is touted as partially employer paid is a scam.
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