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Reply #14: Raygun, the granddaddy of all GOP tax cutters, actually doubled [View All]

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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-15-08 10:16 AM
Response to Reply #2
14. Raygun, the granddaddy of all GOP tax cutters, actually doubled
the middle class's and poor's taxes, while significantly reducing the uber wealth's taxes.

When I look at my tax payments, it is not the federal income tax that eats up all my hard work and money. I can get all sorts of deductions, from children to mortgage payments to college tuition, that reduce my federal income tax. It is FICA (Social Security and Medicare) that is so expensive.

Only people who make more than about $97,000 a year don't have to pay Social Security. So in essence, the poor and middle class carry the largest tax burden. Don't let right wingers fool you. The uber wealthy pay a whole lot less taxes when you calculate in FICA.
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