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

To: Steve Dietrich who wrote (358354)	2/12/2003 5:50:04 PM
From: Bill	Read Replies (2) \| Respond to of 769670

Of course everyone knows the Dems guard the so-called "payroll" tax with their lives. It's FICA, aka Social Security and Medicare. Repubs would love to cut it, but Dems won't hear of it. The unfair tax is the progressive income tax, which contributes the majority of the revenue to government. That's what gets tinkered with each time a politician sells out.

To: Steve Dietrich who wrote (358354)	2/12/2003 5:52:44 PM
From: SecularBull	Read Replies (1) \| Respond to of 769670

Say What?!?! cbo.gov The highest bracket was the only one to receive an increase in rate!!! In fact, they are the only ones paying about the average!!!!!! ~SB~ To:Buddy McKee who wrote (358349) From: Steve Dietrich Wednesday, Feb 12, 2003 5:37 PM View Replies (2) \| Respond to of 358359 here's a useful study on effective tax rates from the CBO: cbo.gov When one considers payroll taxes, the tax code isn't very progressive at all. And if one considers the amount of taxes one pays based on the amount of wealth they own, the tax code is actually regressive. It continues to amaze me the Republicans say "you can't get a tax cut if you don't pay taxes" yet they refuse to cut payroll taxes which are paid by everyone who works and then eliminate the estate tax which is paid by virtually no one. Steve