Quote:
Originally Posted by pocketkangaroo
How can you say that? The top 5% pays in over half of all income tax. 40% of the country doesn't pay a dime in taxes. How is that screwing over the lower class?
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Well In the case of SS the lowest workers pay 7.65% of thier income in FICA taxes while a millionaire pay's 3%.Now I do understand teh poorer workers gets more benefits out of SS than a millionaire I'm just stating a fact that it's not always the case the more you make the higher % of your income you pay in a tax. Poorer workers escape income taxes but they can't escape FICA taxes, sales taxes, gas atxes, taxes on utilties etc etc. And they pay a higher % of their income on these taxes than the rich.