Zoomie1980
Senior Member
- Jan 16, 2008
- 1,658
- 128
- 48
what percentage paid of the tax load doesn't matter to me one bit, just a partisan talking point....what percentage of ones gross earnings or rather gross income, does.
it is the only way apples can be compared to apples...
nor can income taxes be the only taxes drawn out and scrutinized....since income taxes only bring in revenues for less than 1/3 of our yearly federal budget spending...SS taxes almost bring in another third, then corporate, gas, excise taxes and licence fees etc bring in the rest....not leaving out that we are borrowing a near trillion this year alone for this year's deficit......in fact, we may actually be borrowing more than income taxes even bring... in revenues this year!
so, focussing solely on income taxes while not focussing on FICA taxes, gas taxes etc and all the other taxes and what we are borrowing to pay for our budget deficits, is honestly a waste of time and tells us nothing, when it comes to tax fairness imho...
I can't discern a salient point in that. Are you clamoring for a flat tax rate? As it is the wealthy pay by far a higher percentage of their gross income in taxes than the middle or lower class does. It's not even close.
FICA is a FLAT tax, we ALL pay EXACTLY the same percentage rate no matter what we earn....up to about $100,000 which is almost all of us...