Impeding changes to our Health Care system

I wouldnt penalize the small businesses if I had my way.

The best way to fund any revenue shortfalls, IMO, would be to extend the surcharge on the top taxpayers....from the top 1/2 of one percent to the top 2%....leaving 98% of taxpayers not impacted by the costs.

But then you and UG would call me a socialist....

[TheMercenary]

Originally Posted by Redux

I wouldnt penalize the small businesses if I had my way.

The best way to fund any revenue shortfalls, IMO, would be to extend the surcharge on the top taxpayers....from the top 1/2 of one percent to the top 2%....leaving 98% of taxpayers not impacted by the costs.

But then you and UG would call me a socialist....

If you want to redistribute wealth from those who worked hard to make money and give it to those who haven't been so fortunate, you are promoting a socialist ideal. Wealth Redistribution.

http://en.wikipedia.org/wiki/Socialist_economics

Originally Posted by TheMercenary

If you want to redistribute wealth from those who worked hard to make money and give it to those who haven't been so fortunate, you are promoting a socialist ideal. Wealth Redistribution.

http://en.wikipedia.org/wiki/Socialist_economics

Or as I proposed a long time ago in this discussion...raise the FICA rate, which is currently capped on wages over $100k. Those under $100K pay 6% and the rate effectively goes down as wages go up. A person making $300K only pays 2% (6% on the first $100K, then 0% on the last $200K).

Is it "fair" that you pay a 6% FICA tax and a guy with a $1 million salary pays less than a 1% tax? Does he work harder than you?

[TheMercenary]

Originally Posted by Redux

Or as I proposed a long time ago in this discussion...raise the FICA rate, which is currently capped on wages over $100k. Those under $100K pay 6% and the rate effectively goes down as wages go up. A person making $300K only pays 2% (6% on the first $100K, then 0% on the last $200K).

Is it "fair" that you pay a 6% FICA tax and a guy with a $1 million salary pays less than a 1% tax? Does he work harder than you?

I could actually support something like that as long as all wages are taxed equally across the board and no one is exempt from paying the tax at the lowest end as well. Just do away with other taxes.

Originally Posted by TheMercenary

I could actually support something like that.....

Oh man, we were SO close, I thought I saw

But then there was this:

...and no one is exempt from paying the tax at the lowest end as well.

and this:

Originally Posted by TheMercenary

But why penalize the people who already pay the majority of taxes. Why not let the portion that pays the least pick up some of the slack?

Those who pay the least and/or living from paycheck to paycheck have no slack!

[TheMercenary]

Originally Posted by Redux

Those who pay the least and/or living from paycheck to paycheck have no slack!

Yea, they have so much extra lets just take it from them. When are you going to start the killing people in certain tax brackets so you can take their money and give it to those who pay little to no tax?