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To: Pharmboy
Wow, isn't it amazing. The NYT has suddenly discovered the payroll taxes paid by businesses, in the name of their employees. It's funny they don't notice that when it's time to advocate raising these taxes.

It's also amazing to note from their own data that when 20 percent of the taxpayers pay 69% of all federal taxes, it is 'mildly' progressive.
10 posted on 04/11/2004 4:58:24 AM PDT by norwaypinesavage
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To: norwaypinesavage
the bottom 80 percent make 41 percent of the income and pay 31 percent of the taxes. In other words, the tax system is modestly progressive.

Notice how they do not differentiate the "bottom" 80%. If they looked at the lowest 20%, I bet you would see a huge difference, even a net negative tax!

13 posted on 04/11/2004 5:48:37 AM PDT by marktwain
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To: norwaypinesavage
What is really funny is that when a Republican is in office they are called payroll taxes and when a Demvorat is in office they are called one's "contribution." They might also point out that is a limited sense one "gets the money back" if one lives long enough )I realize there are other ways to look at it, but the attempt to obsuce this point is dishonest here.
14 posted on 04/11/2004 5:51:43 AM PDT by CasearianDaoist
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