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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (360735)11/29/2007 12:38:32 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1575352
 
Chris, > But, why are you against flattening the FICA tax?

I've already discussed this with JF a while ago.

Raising taxes on everyone making $100K or more by 12.5% to pay for the mother of all social "safety nets" is a liberal wet dream.

I wouldn't mind "flattening" the FICA tax by removing the cap and lowering the rate at the same time, but the net effect is still a tax cut for anyone below the $100K threshold and a tax hike for anyone above it.

The real flat tax solution should be across the board, not just FICA.

Tenchusatsu