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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (688573)12/16/2012 3:09:51 PM
From: i-node2 Recommendations  Read Replies (1) of 1574563
 
>> he paid 7 x 100ths of 1 % of his taxes in sef employed payroll taxes. The self employed earner of 110K paid 15.3%...not regressive?

If I accept this definition, it leads to The Big Question: When FDR and LBJ created SS and Medicare, why did they choose a "regressive" tax to fund the programs?
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