On 2/23/2011 4:46 AM, F. George McDuffee wrote:
On Wed, 23 Feb 2011 03:32:00 -0800, Rich Grise
wrote:

F. George McDuffee wrote:

an average adjusted gross income of $1.17 million and an
effective federal tax rate of just 14%. That, Sullivan
observes in a blog post here, is a lot lower tax rate than
the Helmsley building janitors likely paid, when Social
Security and Medicare payroll tax rates are figured in.

"Likely?"
Got numbers, or are you just weaseling?
Read the article

"When you figure in SS and MC?" Howcome you didn't
"figure in" the SS and MC rate for the "rich" guy?
Remember Social Security and Medicare taxes are currently
capped at the first 106,800$ of annual earned income.
http://www.ssa.gov/oact/cola/cbb.html
Raising or eliminating this cap is one of the measures being
considered to eliminate the projected SS shortfall.

Just more weaseling? Fudging the numbers to spread your
socialist propaganda?


See what happens when you tell a conservative the truth. He calls you a
socialist. I just wonder what it will take for the right wing, white man
to finally understand what the republican party is out to do? This is
one of the central pillars of the republican party. That is to make sure
that the wealthy do not pay their fair share of taxes. Any time the
wealthy can get a reduction in taxes, and which causes a reduction in
services to poor people, it's a victory for the republicans.

The fact that the wealthy are not paying half or more of their income is
something everyone should be aware of. It's the middle class who pay
half or more of everything they make. The system is fundamentally unfair
and inequitable. If you make under 100K a year, by the time you get done
adding up all the taxes you pay, federal, state, local, property, and
the hidden ones, it takes at least half of all your income. The wealthy
are not paying taxes at that rate. Neither are the corporations. A lot
is made about the corporations being taxed at the highest rate in the
world except for Japan. That is true but the "real" rate American
corporations pay is down in the lowest in the world category.

So what's wrong with the rich and the corporations paying low taxes and
the middle and lower classes paying high taxes? If you don't see
anything wrong with that you're obviously a republican.

Hawke