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  1. 09-26-2009 #26
    Wild Cobra
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    Quote Originally Posted by exstatic
    If it's really "puttin' it to the rich", I think the REAL question is why do so many Republicans actually support it? I'd be skeptical as a Democrat, too.
    Because the democrats do not stand for what they claim.
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  2. 09-26-2009 #27
    coyotes_geek
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    Quote Originally Posted by boutons_deux
    Same with Social Security being capped, so the rich don't have to pay SS on 100% of their revenue.

    It's "unfair" to ask the rich to pay SS on $Ms of revenue, but poor people have to pay SS on 100% of their earnings. SS is a "flat tax" except for the rich.
    This doesn't mean anything. Benefits are calculated based on the income you paid taxes on. If the rich were getting benefits from income they weren't paying taxes on that would be wrong. But that's not the case. ing about SS taxes is just a democrat red herring.
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  3. 09-26-2009 #28
    Wild Cobra
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    Quote Originally Posted by boutons_deux
    It's "unfair" to ask the rich to pay SS on $Ms of revenue, but poor people have to pay SS on 100% of their earnings. SS is a "flat tax" except for the rich.
    They get it back in what's called Earned Income credit.
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  4. 09-26-2009 #29
    boutons_deux
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    Why is the high earner's SS contribution capped?
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  5. 09-26-2009 #30
    Wild Cobra
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    Quote Originally Posted by boutons_deux
    Why is the high earner's SS contribution capped?
    Because it's designed as an insurance. Not a tax.
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  6. 09-26-2009 #31
    spursncowboys
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    Quote Originally Posted by boutons_deux
    Why is the high earner's SS contribution capped?
    This is a great example of people who listen to Air America and read HuffPost, and just regurgitate it all.
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  7. 09-26-2009 #32
    boutons_deux
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    Why is the high earner's SS contribution capped?
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  8. 09-26-2009 #33
    spursncowboys
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    Quote Originally Posted by boutons_deux
    Why is the high earner's SS contribution capped?
    Isn't SS technically our money that the govt. is just holding for us?
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  9. 09-26-2009 #34
    boutons_deux
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    Why is the high earner's SS contribution capped?
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  10. 09-26-2009 #35
    coyotes_geek
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    WC answered your question 4 posts ago.
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  11. 09-26-2009 #36
    boutons_deux
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    why is SS "insurance" for high earners capped?
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  12. 09-26-2009 #37
    coyotes_geek
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    Because high earners don't need to insure their whole income for retirement. Why should they be forced to buy more insurance than they need?
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  13. 09-26-2009 #38
    SouthernFried
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    Again...it's all about how much the government is going to get, or not get...who's gonna pay the govt, or not pay, etc..

    It's always what the discussion is about.

    It's never what it should be about. About how we go about increasing productivity, industry, GDP (for the economics minded,) exports. How we go about making America productive again.

    It should not be all about government. Fritzie's been around awhile, the points I "believe" he's trying to make, are being overshadowed by periphereal issues.

    I could give a about how this affects govt...I wanna know how it affects US productivity and competiveness.
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