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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (132175)	3/16/2001 12:32:11 PM
From: DMaA	Read Replies (2) \| Respond to of 769667

Why even look at payroll taxes if your not willing to make any significant changes to SS? Yea they are killing us but so what? What are you willing to do about it? [ NOTE: Making the rich and business pay the whole load is not the right answer] Payroll taxes are regressive and are now the largest tax burden for many low-income workers

To: Nadine Carroll who wrote (132175)	3/16/2001 1:53:50 PM
From: Zoltan!	Read Replies (1) \| Respond to of 769667

>>If you look at income taxes and payroll taxes together, the percentage of tax paid by the richest Americans is not growing. Wrong. As is your way. When you figure what people put in and what they get from SS and that the "wealthy" get taxed on SS again, SS favors the "poor" even more. A better was to say it is that SS, the signature Dem program - is less worse for the "poor" than for the more wealthy income earners. btw, the Kennedy tax rate cut favored the wealthy far more than Bush's: The key point is that the Kennedy tax cut returned to the wealthiest Americans 26 cents on every marginal dollar they earned. The Bush tax cut would return less than 7 cents. Kennedy cut rates for the very wealthiest by almost one-third (from 91 percent to 65 percent). Bush cuts them by only one-sixth (from 39.6 percent to 33 percent). washingtonpost.com