To: GeneD
Risky scheme... Wouldn't be
prudent.
If somebody does not pay income tax, how do they get a rebate of income taxes?
6 posted on
12/03/2002 8:01:01 AM PST by
gridlock
To: gridlock
Easy - all they got to do is call it a prepayment on your Social Security. EVERYBODY that works for wages pays the SS and Medicare tax, the most regressive taxes now assessed on the workers of America. Poor black men pay into the fund so rich white widows may benefit.
To: gridlock
Payroll taxes are still taxes. Someone earning $25,000 per year still pays taxes for god's sake. This is a good sign at this stage. Let's hope the rat campaign race for 2004 becomes a tax reduction fight of mounting proportion by election time. Maybe by 2004, they will be giving away toasters, cheese, mufflers, and cutting the payroll tax and cutting marginal rates. How about cutting them all to 10%, eliminating mortgage interest, killing the 401K/IRA exemptions, and everyone just pays 10% of gross earnings.
22 posted on
12/03/2002 8:16:13 AM PST by
blackdog
To: gridlock
If somebody does not pay income tax, how do they get a rebate of income taxes?Millions already do just that - ever hear of the Earned Income Tax Credit?
47 posted on
12/03/2002 8:55:04 AM PST by
dirtboy
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