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echo: babylon5
to: rec.arts.sf.tv.babylon5.moderated
from: Kurt Ullman
date: 2007-10-28 12:59:06
subject: Re: WGA Strike 90%+ vote to strike

In article ,
 Josh Hill  wrote:

>
> 
> Meanwhile, the Republicans have been preferentially reducing the taxes
> of the rich. I'd take some of that back.
> 
> To put it in perspective, the top 1% of American taxpayers earn 21.2%
> of American income. They paid 39.4% of income taxes, or a bit less
> than twice the average rate, but they paid much lower effective rates
> on other taxes such as FICA, real estate, and sales, so their overall
> tax burden as a percentage of gross income may well be *lower* than
> that of the middle class.
        That isn't remotely correct on the FICA, especially when figure 
in the earned income and kid's credits which were specifically put in 
there as a tax reduction for FICA, as I have shown you time and time 
again. As for the rest of it, there is no real way to show that. I wish 
there was. 
       



> So we're talking in essence about a drop-in-the-bucket wealth transfer
> from the rich, who wouldn't notice it any more than you'd notice a
> gallon of water taken out of your swimming pool, to those in deep
> poverty.

  You are really free with other's money.
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