WillowTree
Diamond Member
- Sep 15, 2008
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every working person pays Federal taxes Willow.
Don't hand me that shit. Fifty percent of us pay Federal Income Tax. The other 50% pays zero and in addition to that we have to give most of them a rebate on that zero they didn't pay.
If we tax the working poor at a rate of 10%, they will pay a larger percentage of their income in federal taxes than the super wealthy. Please tell us all how that is fair or even begins to make any sense Willow. You have to include SS and Medicare taxes paid into the equation. The super wealthy pay a pittance towards that as a percentage of their income, while everyone else pays 7.65%. And even though the employer is paying the other 7.65%, that is money that otherwise could go to the employee, so in essence the employee is losing over 15% of his/her pay to SS and Medicare taxes, which are Federal taxes. Add 10% to that and these people will be paying over 25% of their income to the Federal Government. You can add approximately another percentage point that they will pay in excise taxes and other various taxes to the Feds. How much do the wealthy pay? According to figures, last year they only paid between 17% and 18%. But you want to tax the poor people at more than 25% and give the wealthy a tax cut.
10% is ten percent. ten percent of 100 is not a higher percentage than 10 percent of a million. ten percent is what it is ten percent. doh!