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

To: Tenchusatsu who wrote (467691)	3/31/2009 2:31:02 PM
From: michael97123	Read Replies (3) \| Respond to of 1575517

because the rich pay so much income tax doesnt mean poor dont pay 14% fica/medicare, 9% sales tax, minimum NYS/NYC income tax, etc etc. Take a family that makes 50K per year and lets say they dont pay fed income tax, they do pay $7,000 fica/medicare, and since they spend all of it they pay roughly $6,000 in NYS/NYC sales tax. Thats 13K out of 50K. And what about health care...lets say another 3k for the average family out of pocket and another 2k nys/nyc tax. NOw we are up to 18K out of 50K. And a couple of K for real estate tax. Now its 20k out of $50K. Thats 40%. Its just not fair to say working poor pay no taxes.