Re: Your tax dollars at work

Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
It sure does, because they aren't paying much today.  Percentage-wise that is.  

The 180k facebook guy is paying more taxes than banker, who is making his millions investing those FICA dollars in securities and selling derivatives on those FICA dollars and skimming off more than enough commission and bonuses to pay his tax (if he's paying any) many times over.

Regards,
-Lance

Sent from my iPhone

On Apr 14, 2011, at 1:24 PM, Mike Findlay <[email protected]> wrote:

> A straight flat tax doesn't bring austerity to the bankers/rich.  Removing the cap on FICA withholding while maintaining the current system may not bring austerity to the bankers/rich, but is sure as heck soaks them some.
> 
>  
> 
> Mike F.   
> 
> 
> 
> From: Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
> To: DADL (off topic) <[email protected]>
> Sent: Thu, April 14, 2011 12:05:03 PM
> Subject: Re: [DADL-OT] Your tax dollars at work
> 
>> 
>> Remove the cap on FICA withholding.  Problem solved.
>> 
>>  
>> 
> Sure.  But I'd prefer just a straight across the board flat tax.  But same difference, effectively.
> 
> Regards,
> -Lance
> 
> 
> 
> 
>> Mike F. 
>> 
>> 
>> 
>> From: Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
>> To: DADL (off topic) <[email protected]>
>> Sent: Thu, April 14, 2011 9:47:39 AM
>> Subject: Re: [DADL-OT] Your tax dollars at work
>> 
>> > Do we really need a person to run a facebook page?  Really?
>> 
>> Do we really need to bail out Goldman Sachs?  Or give 100 million dollar risk free loans to Morgan Stanley banker's wives?
>> 
>> I'll say it again.  No austerity for the common guy until there is austerity for the banker.
>> 
>> Besides, Facebook is now commonly recognized as a communication mechanism to the masses perhaps with a larger reach then NBC, CBS, etc.  So I'd say yes, they do need a person to maintain that.
>> 
>> And look at me, a libertarian defending the government.
>> 
>> Regards,
>> -Lance
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