Payroll tax is not federal income tax. It's a separate issue, and one which also needs to be dealt with.
We need to get back to our capitalist roots. If that means fighting and winning another class war. This time with the lazy sloth investment class who wants to pay 15% tax while the working man pays double that. Game on.
Wow - there's a liberal in the woodpile. When 47% of the wage earners in this country pay NO FEDERAL INCOME TAX AT ALL, how do you come up with the idea that the "working man" pays double the income tax that the investment class pays? The facts don't agree with you.
“Payroll tax is not federal income tax. It’s a separate issue, and one which also needs to be dealt with. “
It’s a separate issue, to you, not to me.
We have a joke of a tax-code that presently rewards this lazy message “let your money work for you” and you will pay less in taxes then the man who actually has to work for a living.
How has this message worked for the US? We have more US Debt now, than we did during the Cold War.
What is the difference? Back then hard work was rewarded plus supported in our US Tax code. Today it is not. You are a sucker if you work hard, that’s been the message since Clinton’s “we are a consumer based economy,” translation.. sit, relax, buy stuff. Not exactly an inspiring Reagan “tear down this wall” message.
As a country we either get back to our capitalist roots. Or the result will be an increasingly lost vulnerable young generation coming up who thinks hard work is tweeting. :/