Reply #19: Is any wage-base system right?

[mulethree]

Income          Wages	int+div	Cap Gains Pension+SSA Other Bus.
$25K to $30K	74.6%	 3.1%	  1.6%	   15.4%	       5.1%
$100K to $200K	70.1%	 4.1%	  7.2%	    9.8%        8.8%
$0.5M to $1M	42.2%	 7.1%     24.9%	    4.9%       22.5%
$2M to $5M	27.6%	 7.8%	 41.3%	    1.2%       22.0%
$10M +	        12.9%	 6.9%	 66.7%	    0.3%       13.2%

2002 data from IRS - Income is AGI so this does not reflect
many tax breaks. 

Any Way, Notice how the rich get relatively little income from
wages. 

To make it more 'fair' and workable, apply the payroll tax to
capital gains as well as wages, give bigger contributors
bigger benefits, but continue taxing SSA income at high income
levels to retain the existing 'need based' taxation aspect -
but apply that 'income tax on SSA benefits' into the SSA
system instead of the regular income tax revenue.  

Now every one pays a 'fair' SSA tax, and gets benefits related
to what they paid in, but the income tax recoups 'un-needed'
benefits back from the wealthiest.