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To: kabar

The MSM response to this is “Jared Kuschner paid no income tax....”

https://www.nytimes.com/2018/10/13/business/jared-kushner-taxes.html


10 posted on 10/25/2018 7:39:28 AM PDT by gattaca ("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
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To: gattaca

Dumb response. First, almost 50% of the wage earners pay no income tax. Second, the payroll tax is higher than the income tax for many workers because it is done on gross income before any deductions. Finally the cap on earnings on SS taxes rises on an annual basis. There is no cap on earnings for the healthcare portion of payroll taxes.

The payroll tax is the most regressive of all. Yet no politician wants to touch it. SS has been running in the red since 2010 and Medicare since 2008.


15 posted on 10/25/2018 7:56:15 AM PDT by kabar
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