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Thanks for making my point
..If we did, wouldn't we have to pay him benefits comminserate with the amount we taxed him?...

Yes benefits are calculated as a % of your ending salary prior to retirement. They are also capped and taxed as income. BGs would have to return all his SS in taxes.

..Otherwise, we are basically just robbing the man of billions of dollars in return for nothing...

Currently the SS tax rate collects more money than it pays out. The surplus is spent by congress in the general fund. We are being over-taxed at the moment and any future shortfall will be paid for from the general fund (regular taxes).
Pretending that SS is seperate to the general fund and income tax is smoke and mirrors.

.. MOST of bill gates income is not salary so it wouldn't be eligible for SS tax anyway....

And that's really the point. He pays his flat 15% while you and I pay a tax rate from 4-20% and 7.5% on top (plus Medicaid). Should the rich pay a lower effective tax rate?

A flat tax set @15% would be all the rich pay. You and I would pay 15% + 7.5%.

Joe
Posted by: seosamh_z   Posted on: 01/30/05 You are currently: a Guest | Members login | Terms of Use
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Who gives a @#$% about the Spanish American war!  Jeff Spicoli | 01/28/05
You never know  Bill4 | 01/28/05
Los conquiscadores!! (NT)  Hugh Jass | 01/28/05
Bwahahahaha!! Precisely dude!  Jeff Spicoli | 01/29/05
Just more evidence  frgough@... | 01/29/05
Yeah, just like temp troop takeup, temp "Patriot" Act..  Jeff Spicoli | 01/29/05
ENOUGH IS ENOUGH!!!  Linux User 147560 | 01/28/05
RE: "ENOUGH IS ENOUGH!!!"  ajapierce | 01/28/05
So kill the rich  Linux User 147560 | 01/28/05
Carp happens!  Roger Ramjet | 01/31/05
I like the flat tax idea also.  el1jones | 01/29/05
Look at the numbers  seosamh_z | 01/29/05
Bill Gates SS  maxo_z | 01/29/05
Isn't that what SS does to the rest of us?  enduser_z | 01/29/05
Thanks for making my point  seosamh_z | 01/30/05
Some points.  maxo_z | 01/30/05
As long as its a TRANSACTION tax  Roger Ramjet | 01/31/05
And you took statistics from where?  AbsolutelyNot | 01/31/05
http://fairtax.org/  sullivanjc | 01/31/05
Yes, but NOT a sales tax  Roger Ramjet | 01/31/05
sales transaction income  hipparchus2000 | 01/31/05
Not Exactly  Roger Ramjet | 02/01/05
Flat Taxes  John Carroll ZDNet Moderator | 01/31/05
TRANSACTION tax  Roger Ramjet | 01/31/05
"tax management industry is a multi-billion industry, and vested interests"  hipparchus2000 | 01/31/05
YOU WILL NOT TAX MY DATA  Jim@... | 01/28/05
Expect more taxes like this  mvaar | 01/28/05
Inevitability.  Letophoro | 01/28/05
its through indirect taxes that governments control behaviour  hipparchus2000 | 01/29/05
I agree  alan-white | 01/31/05
Yes, interesting!  Roger Ramjet | 01/31/05
You obviously have no military experience  Linux User 147560 | 01/31/05
Missed the point  Roger Ramjet | 02/01/05
set up an alternative web through WiFi  hipparchus2000 | 01/29/05
Great idea except...  Linux User 147560 | 01/29/05
huh?  hipparchus2000 | 01/29/05
I guess this is the Iraq War Tax now?  BitTwiddler | 01/29/05
No, the unborn have to pay for that (NT)  seosamh_z | 01/29/05
Yes and no my friend....for "IF" you think in SANE  Laff | 01/30/05
Realistically  seosamh_z | 01/30/05
Heh heh heh....reality? Silly....:)  Laff | 01/31/05
yes it is worrying  hipparchus2000 | 01/31/05
Go Figure...  DragonBRockin | 01/29/05
DON'T WORRY--THIS ARTICLE IS BOGUS  zippety | 01/29/05
Not gonna pass  CobraA1 | 01/30/05
What ever happened to REAL Republicans?  Laff | 01/30/05
They became Libertarians  Linux User 147560 | 01/30/05
And libertarianism is unrealistic given any concentration of wealth.  maxo_z | 01/30/05
One single tax  Roger Ramjet | 01/31/05
Would that also get rid of all fee's as well as Taxes?  Laff | 01/31/05
Nope  Roger Ramjet | 02/01/05
The tentacles of totalitarianism [NT]  Omch'Ar | 01/30/05
Internet Tax ... more indirect taxes...  gmmonko | 01/30/05
Just in time for the steamroller  Roger Ramjet | 01/31/05
Huh? What is that?  Laff | 01/31/05
The MESH  Roger Ramjet | 01/31/05
Anything that keeps Big Brother out of my life is COOL!  Laff | 01/31/05
Let's be honest here ...  mwagner@... | 01/31/05
Outside of the Liberal box  Progress_z | 01/31/05
Funny...I always thought that  Laff | 01/31/05
look at the whole picture ladyes!  webblogger | 01/31/05
we want honesty. Not these damn stealth taxes  hipparchus2000 | 01/31/05
It had to eventually happen  jwschull@... | 01/31/05
Tax What???  alan-white | 01/31/05
Congress doing a tax raise.  Ernest of Canada | 01/31/05
3% communication tax  unknownmee@... | 01/31/05
Taxing the internet?  James Mitchem | 01/31/05
When is this Tax supposed to end  D93328 | 02/01/05
Federal Excise Tax  manitto | 05/30/05

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