The Motley Fool Discussion Boards  Previous Page  Retirement
Discussions / Retired Fools   Subject:  Re: Obama on payroll tax
Date:  6/13/2008  11:47 PM Author:  cliff666 Number:  13417 of
19483  <B?it is unfair for middle-class earners to pay the
Social Security tax "on every dime they make," while
millionaires and billionaires pay it on only "a very small
percentage of their income."  It's plenty fair now because the
benefits are capped along with the tax.  Think of it like car
insurance. You pay $500/year to cover car X. A really rich
person pays $500/year to cover car X. Is that unfair? Should he
pay more for the same coverage just because he has more? So why
should he pay more for the same SS benefits just because he has
more? While we're at it, why not make rich people pay double the
sales tax?  Same old Democratic claptrap--there's a whole lot of
exploitation of class envy going on.   Kinda like it's fair that
I pay school taxes when I have no (and never had, never will
have) children in school? I actu