---If we could just elimininate the poor, your life would be so much better. --- your president is working hard on this one..but i think he better look back..people tried that already..it didn't worked.. Thomas Peterffy - Freedom To Succeed http://www.youtube.com/watch?v=N2QtDExs6lM even russians realized that and implemented simple,flat 13% tax on any income. dividends are taxed even less,also flat. barstool economics,you know.. http://doc.cat-v.org/economics/bar_stool_economics i'm seriously considering going back to mother Russia..every year all i see is more taxes and progressively more complex tax returns.
yeah, that's what they say when you want to move here, "It's not a bad place to live, but the tax forms are a real bitch."
Quote from Scataphagos: Stupidity and greed.... the payroll tax holiday should never have occurred in the first place. The program is running in the red and the temporary tax cut made things worse. I changed my mind. I did not realize when I wrote that, that in effect we were borrowing money to put it in the hands of consumers and that entitlement receipts were not affected. I now think it was clever and the right thing to do.
You're <span style="color:crimson"> RIGHT!</span> It was incredibly stupid. See post immediately above.
you can cut social security taxes all the way to zero, and it won't affect one iota the amount in the trust fund and for that matter you can raise them to 10% with still no affect