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Gould 0738
 
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Default Gould, jps, NOYB, Jim, Harry, and a cast of thousands

NOYB wrote:

Social security and medicare are the only *fair* taxes...'cause the rate is
the same for all income levels.


Not when considered as a percentage of total income. SS cuts off at $80-some k.
For a lot of people, the SS pain in the butt disappears fairly early in the
year (although the employer's contribution continues). Most of the working poor
will *never* see a paychek without a deduction for SS.

I understand that there is some equity because benefits for higher income wage
earners are also capped, but it is inaccurate to say that the rate is the same
for all workers.
 
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