smileynh Wrote:
Apr 16, 2012 1:06 PM
Again the same dishonest, "the top ten percent of Americans pay nearly 70 percent of that pot." Yes, the rich pay 90% of 40% of the budget, income tax. The bottom 95% pay 99% of another 40% of the budget, social security tax. That is capped for the rich and not paid on investment income at all. $106,000 is the cap few will ever reach. Tell me, what percentage of a man making $50,000 a year does he pay social security on? 100% his entire life with no deductions, loop holes, or shelters. Romney paid social security tax on .4% of his income. THAT's unfair. I've made over the cap for a long time but this argument is intellectually dishonest and the Conservatives need to be above it.