" wrote:

On Feb 23, 8:55 pm, "Ed Huntress" wrote:


Nobody asked. And it had nothing to do with the claims being made.

The subject was Rich claiming that George was distorting the truth about the
tax rates because of his "socialist agenda." But the fact is that George was
right; the payroll tax/self-employment tax issue makes the relative tax
rates between the rich guy and the janitor even more lopsided.

--
Ed Huntress


I think that it is part of the discussion. If the janitor paid twice
the percentage of the rich man, but got a million dollars a year in
benefits. And the rich guy paid in more total dollars but got nothing
a year in benefits, I think even you would agree it was relevant.

What is relevant is
that a large portion of the social security tax
that was collected was not spent on social security
Instead, it was put in the general fund like income tax

So the whole notion of an exemption for the rich for fICA
is a scam since it is really the janitor's FICA paying
govt. spending the rich should also participate in paying

And were talking trillions of dollars that
Bob the janitor will have to pay again in taxes
when the govt. needs the money for Social security

Of course Bob the janitor could have voted against
Reagon and the Bushes
And avoided being screwed so badly on taxes

But Bob the janitor is as dumb as a box of rocks
So he votes for Reagon who tells him
"everybody gets a tax cut"
But the result of the tax cut is
Bob the janitor's withholding goes up
and his paycheck gets smaller
and he don't have the math skills
to know that he is being screwed