Posted on 07/16/2011 11:29:47 AM PDT by Recovering_Democrat
As the Beltway politicians try to figure out how they will raise the debt ceiling and for how long, most voters oppose including tax hikes in the deal.
Just 34% think a tax hike should be included in any legislation to raise the debt ceiling...55% disagree and say it should not.
Fifty-eight percent (58%) of Democrats want a tax hike...82% of Republicans do not. Among [Independents], 35% favor a tax hike and 51% are opposed.
(Excerpt) Read more at rasmussenreports.com ...
Some annuities are like that too. That is why I compared SS taxes to annuities.
SS is based on income and high earners pay a lower rate with no guarantee of any return. It sure looks like a regressive income tax to me. By the way, where does this money go when paid in? It’s spent like any other income tax.
Like an issuer of an annuity the money stays with the issuer when the beneficiary dies unless he is willing to pay more to pass the remainder on.
High income earners pay the same rate up to a point but their returns are not in proportion to the payments. That is regressive. After the point of zero additional payment it might be considered progressive but not really since benefits aren’t increasing either. I guess it would be most accurate to say it is neither fish nor fowl.
Right after the class war and before the race war.
Is it a good sign that The Anointed One was caught in two major lies in one week? The 80% who want their taxes raised and his mother didn't have health insurance. Nah, I guess not. He gets away with everything.
There a MILLIONS of “poor” people who get government paid housing, government paid food stamps, government paid utilities, government paid medical care, AND a monthly check from the government. Those “poor” people COST the government $60,000-$80,000 a year. And a LOT of them have been on the government dole for several generations.
BTW, people who pay no taxes don’t give a damned if the rates are raised. If I had my way, you would get one vote for every $1000 you paid in income tax.
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