Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Sabertooth
You're willing to pay 30%? That's confiscatory. Hello black market.

You are paying FAR more than that NOW my friend you just aren't AWARE of it! (see post #72 of this thread)

Pay PARTICULAR attention to this part!:

Our founding fathers saw an income tax as very dangerous to the freedom of citizens and twice forbade it in the U.S. constitution. In 1913 politicians amended the constitution and passed an income tax that started at 1% for the very rich. Today this has evolved to where the minimum federal income related tax that a low-income person can achieve is 47.3% (15.3% social security & Medicare taxes, 22% hidden tax discussed above, and the minimum income tax rate of 10% = 47.3%). This doesn’t include gasoline, state income and property taxes, etc. The current tax code is very regressive because lower income workers pay a much higher percent of their income in these taxes.

153 posted on 02/08/2003 7:47:51 PM PST by Bigun
[ Post Reply | Private Reply | To 131 | View Replies ]


To: Bigun
Good post.
168 posted on 02/08/2003 8:02:12 PM PST by FreeTheHostages
[ Post Reply | Private Reply | To 153 | View Replies ]

To: Bigun
You are paying FAR more than that NOW my friend you just aren't AWARE of it!

I'm plenty aware of it. 30% is still way too much. So is 20%, and so is 17%. If they're gonna have a national sales tax, the Constitutional maximum needs to be no higher than 10%. The goverment must live within its means.




235 posted on 02/08/2003 10:11:34 PM PST by Sabertooth
[ Post Reply | Private Reply | To 153 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson