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Reply #13: This is not what he is proposing. Actually, what he is proposing is progressive [View All]

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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-10 07:40 PM
Response to Reply #6
13. This is not what he is proposing. Actually, what he is proposing is progressive
Edited on Mon Dec-06-10 07:41 PM by Mass

Eliminate payroll taxes on the first $20,000 of income. Payroll taxes, you recall, include Social Security, Medicare and unemployment insurance. Make up the revenue loss by applying the payroll tax to incomes above $250,000.


So get rid of payroll taxes on the low income and increase them on the high incomes.
This is not what the deal is offering, as far as we know.
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