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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: AC Flyer who wrote (21656)6/14/2004 11:46:52 PM
From: Lizzie TudorRead Replies (1) of 306849
 
oh please, don't pass off a right wing site to me and call it fact. There's another one even more insidious "heartland.org" with all kinds of "facts" <wink wink> like this too.

Do you project that same amount of ***outrage*** at the major US corporations who pay no tax? For gods sake take a shower or something. Here is another right wing site for you to chew on (heritage foundation):

Workers with pre-OASDI incomes from $17,813 to $27,732 have the highest average effective Social Security tax rate (10.3 percent). 11 Workers in the highest income group have the lowest tax rate (6.7 percent). Young workers who are 27 to 30 years of age have the highest tax rate of any age group (10.1 percent); and workers with a high school diploma or less have the highest tax rates of any educational group (9.9 percent).

These low income people you are so concerned with are not the reason we went from a large surplus to the largest deficits in 3 years. The reason is federal spending. I know you want to demonize somebody and you don't want to look in the mirror or at the right wing looters that were elected. But, there it is what can you say.
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