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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (397464)7/9/2008 8:20:34 PM
From: i-node  Read Replies (1) of 1575396
 
Unlike inode, harris etc, i pay my taxes without complaint.

I don't complain about the taxes I pay. Too much. But having prepared in excess of 20,000 tax returns over the years, I can tell you first hand about the damage done to self employeds as well as wage earners.

But it is important to remember that FICA/Medicare taxes are the most regressive taxes of all, and impact the low/mid earners far worse than they do anyone else. I pay very little SS tax today, and have no problem with it. But I have seen what it does to the most challenged in society and it is tough. You can't fix that by taxing the wealthy, however.
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