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Reply #3: Fear - propose monster - get near monster - in this case he only wants [View All]

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-08-05 05:32 PM
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3. Fear - propose monster - get near monster - in this case he only wants
to make income other than wages non-taxable.

- you know - the 90% of the income of the rich that we call investment income or unearned income should be tax free because a consumption tax is so much better!

So look for bigger tax free accumulation opportunities.

And do not expect the GOP to explain how those on minimum wage will find the money to drop into a tax free accumulation account - or why they would want to since the only income tax they pay is payroll tax

And for goodness sake, just because the SOcial Security system is overfunded these days, do not expect the GOP to suggest a rate decrease - it would not really help the rich.

And removing the wage cap - which ends funding problems for 100 years and even allows a bit of a rate reduction - is not on the table 'cause that really does not help the rich.
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