Ray From Cleveland
Diamond Member
- Aug 16, 2015
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Who's fault is that? The rich have a capital gains tax preference, to help create Jobs Booms, so the poor can also be Patriotic, and pay personal income taxes through a work ethic from the Age of Iron.There's a reason some would prefer that more limited conversation. For most Americans, payroll and state and local taxes make up the majority of their tax bill. The federal income tax, by contrast, is our most progressive tax -- it's the tax we've designed to place the heaviest burden on the rich while bypassing the poor. And we've done that, again, because the working class is already paying a fairly high tax bill through payroll and state and local taxes.
But most people don't know very much about the tax code.
Boy, you could say that again.
Those payroll taxes you speak of are more like savings accounts. Unless you pass away before retirement, you will get your Social Security money back, you will get your FICA back because FICA is just a fancy word for Social Security. You will get you medicare deductions back. And if you live to the average lifespan, you will get much more back than you put in.
Your city and state taxes provide you with services YOU use every day.
Outside of entitlements, Congress spends income tax money for everything else, and nearly half of the people in this country don't pay that tax.
Democrats would never allow it. When they promise people more goodies, they do so with the expectation it will cost somebody else. If we all had to pay for those goodies, the Democrats would not be able to offer them anymore.