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


To: Kenneth E. Phillipps who wrote (424342)7/8/2003 6:19:12 PM
From: Peter O'Brien  Respond to of 769670
 
But the Social Security payroll deduction
is not a tax. Isn't that what the liberals
want us to believe?

It is an "investment" in a "trust fund"
for the person's retirement!

How can you possibly call an "investment"
in a "trust fund" the same thing as a "tax"?

When you invest your own money in the stock
market, is that a "tax" too?



To: Kenneth E. Phillipps who wrote (424342)7/8/2003 6:43:12 PM
From: Ish  Read Replies (1) | Respond to of 769670
 
<<The guy that makes a million a year certainly does not pay the same percent of payroll taxes as the guy that makes less than $100,000.>>

You want to bitch about Social Security, House members pay no Social Security but get, after one term, $15,000 a month retirement.



To: Kenneth E. Phillipps who wrote (424342)7/9/2003 10:30:15 AM
From: Neocon  Respond to of 769670
 
The income tax rate is higher. The Social Security deduction is lower, but then, that is because there is a benefit cap, and it is supposed to be a "contribution".