Re: OT: Rating the President
"Um . . . well actually when you factor in the Social Security tax which is just thrown into the general fund (and not in a "lock box" remember Gore "lost") the top 5% make 35% of the income but only pay 21% of the REVENUE. (Pretty good if you ask me and something conservatives seem to conveniently always forget)."
Once again only a small portion of SS is spent on things other than Social Security. Social Security is supposed to be a self-sufficient benefit to all citizens, so it is perfectly reasonable for the poor to pay this benefit as well as the rich. As we have discussed before, reducing the SS tax would be a bad thing, because all projections seem to indicate that we will run out of money when all the Baby Boomers retire, forcing us to raise taxes anyway.
"the top 5% make 35% of the income but only pay 21% of the REVENUE"
Not quite sure how the top 5% pays most of the income tax, their portion of Social Security, and they end up paying less than the rest? Would you explain your numbers in more detail? I believe you said somewhere else that there is a cap on SS deductions? I suppose we could change that, and instead of the rich getting a cap on how large their Social Security check, they could actually get the amount that they contributed. The thing is, I don't believe anyone would want that.
And here is another fundamental issue. Should the rich be obligated to pay for the poor? Is it the obligation of a rich person to pay for a woman on welfare with 3 kids? And if they want to reduce how much they give, do they then become evil and greedy in your view? Should the rich not instead deserve our praise for all the help that they provide for the needy? I think that jealousy is a big factor here. The poor man doesn't like it that he doesn't have a lot of money and the rich man does. He never considers the sacrifices and hard work that the rich man had to make to get that wealth. He doesn't respect the ingenuity of the rich man to succeed in a competitive market. The poor man believes that he should have as much as the rich without having to work for it. That in my opinion is envy and jealousy, and not something that I want to reward.
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