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Posted by: beavith1 1 year, 4 months ago

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beavith11 year, 4 months ago

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keep going fly. you're getting close to an epiphany.....

what does the 3% SS donation do for workers? what does another 3% do for the self employed small business owner?

hint: its confiscatory.

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  flyonthewallzz1 year, 4 months ago
  
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  And regressive.
  And that money is covering almost half of the national dept.
  It is the biggest social program in the world.
  I am not sure what you mean by an epiphany?
  the history of income tax was to fund wars, and the tax usually kicked in after a certain amount of money to live on was earned.
  I think it is fair for some folks to say we should spend less on social stuff, but in the same light, it is also fair for folks like me to say we should spend less on military stuff.
  Not counting "emergency" appropriations or SAPs the current administration has increased spending by more than $1.14 trillion.
  Spending has pretty much doubled across the board.
  Revenue has increased by about 1/2 that ($515 B).
  Social insurance contributions represent almost 1/2 of the increase ($221 B).
  I am comparing numbers from 2000 and 2007.
  
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