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

To: Road Walker who wrote (394049)6/25/2008 10:49:02 AM
From: bentway  Read Replies (2) | Respond to of 1578997
 
"Our 'progressive tax system' is only progressive for income taxes. Most taxes are regressive."

I think the progressiveness of income tax is completely canceled by the regressive, capped FICA tax.



To: Road Walker who wrote (394049)6/25/2008 10:52:04 AM
From: Bill  Read Replies (3) | Respond to of 1578997
 
The person who earns $2 million and pays $700K in income taxes doesn't use any more in govt services than the person who makes $25K and pays $1,000 in tax.

Is that fair?


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