healthmyths
Platinum Member
- Sep 19, 2011
- 29,029
- 10,519
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I was answering another thread when it dawned on me that Obama and Obamatrons may not realize who pays in addition to the employee the other half of social security and Medicare.
Then I realized there are millions of people that don't know this also!
Plus I KNOW millions of people don't KNOW what funds their unemployment check which is FUTA a 6.2% tax on first $7,000 paid to the employee BY the employer.. NOT the employee! This is how people get their unemployment checks from businesses!
In 2011 Total Federal Revenues and sources:
Personal income tax $1,015 47.4% people that work for companies that work for profits primarily.
Social security/Medicare tax 818 35.5% employer pays Half of total paid-- where will that come from???
Corporate income tax 181 7.8% corporate evil profits generate taxes - then dividends taxed again!
Customs,Duties, Misc. 131 5.7%
Excise taxes 72 3.1%
Estate & Gift 7 .4%
Total: $2,302 100%
Federal Revenues by Source
So again when Obama encourages coal fired utilities to go bankrupt and private health insurance replaced by single payer..
does HE have a plan to replace the $500 billion a year that comes from businesses share of Social security/Medicare/corporate taxes paid when the continued effort to degrade businesses, tear down evil corporations, and small business owners!
Then I realized there are millions of people that don't know this also!
Plus I KNOW millions of people don't KNOW what funds their unemployment check which is FUTA a 6.2% tax on first $7,000 paid to the employee BY the employer.. NOT the employee! This is how people get their unemployment checks from businesses!
In 2011 Total Federal Revenues and sources:
Personal income tax $1,015 47.4% people that work for companies that work for profits primarily.
Social security/Medicare tax 818 35.5% employer pays Half of total paid-- where will that come from???
Corporate income tax 181 7.8% corporate evil profits generate taxes - then dividends taxed again!
Customs,Duties, Misc. 131 5.7%
Excise taxes 72 3.1%
Estate & Gift 7 .4%
Total: $2,302 100%
Federal Revenues by Source
So again when Obama encourages coal fired utilities to go bankrupt and private health insurance replaced by single payer..
does HE have a plan to replace the $500 billion a year that comes from businesses share of Social security/Medicare/corporate taxes paid when the continued effort to degrade businesses, tear down evil corporations, and small business owners!