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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (461297)3/5/2009 10:26:50 AM
From: michael97123  Read Replies (1) of 1574685
 
you believe wealthy pay most of the taxes (true on income tax) but ignore fica, medidcare, state tax, sales tax which takes an ungodly burden from the 50% who now pay no income tax or many others who pay very little. If i am wrong in my characterization of your view i will apologize.

Taxes paid by poor working on earnings

16% fica and medicare
state income tax
7% sales tax
Real estate taxes
health care contributions

And then folks complain about them being deadbeats because they pay little or no income tax.
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