openbox9
join:2004-01-26
Alexandria, VA
kudos:2 | reply to Mr Matt
Re: The Two Percenters are at it again. said by Mr Matt:Forty percent pay no taxes because they do not have any income. Sure they don't. They more likely don't have any income above a certain threshold based on our screwed up tax code.said by Mr Matt:that all employed persons pay a 15% payroll tax until they have earned over 100,000.00 Which tax are you specifically referring to? Medicare? Social Security? The withhold rates are 1.45% and 6.2% respectively. The Social Security tax tops out at $106.8K of income in 2010. Of course, the benefit from the program is capped as well. So, not really regressive considering the benefit is capped.
Feel free to read more if you're interested: »www.irs.gov/pub/irs-pdf/p15.pdfsaid by Mr Matt:Do you want to allow Americas wealthiest 2% to keep their tax cut I think as a society we pay too many taxes as it is, so yes, I believe the tax cuts should stand for everyone.said by Mr Matt:while your neighbors are being evicted from their foreclosed homes because they were tricked into buying a house that they could not afford by the Wall Street Weasels. Wow. What a distorted understanding of reality. If anyone did the tricking it was our government that wrongly suggested that everyone should own a home and used its mortgage arms of Fannie and Freddie to attempt to make it a reality.said by Mr Matt:The same weasels are screwing consumers on communications services by not disclosing the true cost of their services when they quote prices. Huh? What Wall Street weasels are screwing consumers on communications services? |
