Posted by Scott in SF on August 24, 2012 at 22:26:51 from (75.61.89.102):
In Reply to: Re: Middle class posted by oldtanker on August 24, 2012 at 20:59:17:
Rick, most people (not rich) pay more in payroll taxes, Social Security and Medicare than they do in income taxes. Far more than the rich contribute to the total US revenue. At a certian rate rich people stop paying those completely. I, now retired public employee, haven't paid any social security since 1987. I won't get it won't miss it. It was a blessing I didn't have to flush 7.5% of my income down that sewer. When I get income off of a rental I don't pay SS or Medicare on that. I am rather well off, and the taxes I pay mostly are real estate. All the fees charged by the city, county, state (like the University for the kids)and all the special districts keep going up, and the poor get hit the same as the rich. You are right about Income Taxes but it is the Social Security and Medicare taxes (and there is no real trust fund) that fund this country (along with a bunch of borrowed money). Income taxes are a small part of it.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
... [Read Article]
Latest Ad:
1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
