TAX POLICY WHICH FAVOR THE RICH AND PENALIZE THE REST OF US

THERE ARE MANY WAYS THE RICH GET RICHER AND THE REST OF US KEEP ON PAYING.

ONE SUCH IUS THE PAYROLL TAX THAT REWARD THE WELL TO DO WITH HIGHER WAGES AND EXORBITANT BONUS", IS SOCIAL SECURITY WHICH SEEMS TO ALWAYS BE IN TROUBLE. THERE IS A CONTRIBUTION CAP ON WAGES AND BONUS' OF $106,800 AFTER WHICH NO SOCIAL SECURITY IS WITHELD OR MATCHED BY EMPLOYERS. THE USUAL WITHOLDING AND MATCHING FUNDS IS 6.2% OR 12..4% OF ELIGIBLE WAGES AND BONUS' HOW MUCH ADDITIONAL INCOME WOULD A ONE MILLION DOLLAR BONUS CREATE (12.4% OF 1,000,000 DOLLARS=$120,000)

MULTIPLY THE TOTAL OF SEVERAL MILLIONS OR MAYBE BILLIIONS OF WAGES AND BONUS' OVER 106,800.

THEN WE HAVE THOSE SUPER RICH WHO DO NOT TAKE WAGES OR BONUS' OUT OF THEIR BUSINESS OPERATIONS BUT HAVE OTHER WAYS OF REMOVING MILLIONS AND BILLIONS OF DOLLARS FROM THOSE BUSINESS OPERATIONS WITHOUT CONTRIBUTING A PENNY TO SOCIAL SECURITY.

AND JUST THINK THE REST OF US ARE PAYING INTO THE SOCIAL SECURITY FUND ALL OUR LIVES .

REMUNATION IN ANY SHAPE OR FORM SHOULD BE SUBJECT TO SOCIAL SECURITY. BENIFITS COULD BE PAID WITHOUT HAVING TO USE THE GENERAL FUNDS OF THE COUNTRY. AND INCREASE THE REVENUE STREAM, WHICH THE DEMOCRATS ARE SO INTENT ON ACCOMPOLISHING.

PROBLEM- THIS WOULD HURT THE SACRED COW SOURCES OF CAMPAIGN CONTRIBUTIONS BUT WOULD BE PLACING THE WELFARE OF THE COUNTRY OVER THE URGENCY TO GET ELECTED

For those who sincerely want to know what has been going on in America that the news media and the establishment does not want you, the long-suffering Taxpayer, not to know; I cannot recommend enough the below named book. This book will help you to understand how we got into our current mess and it will clear up the muddy waters, the questions and the fog which the morally challenged powerful and the morally challenged super rich want us to continue to wallow in.

"The Creature from Jekyll Island: A Second Look at the Federal Reserve," by G. Edward Griffin; 5th Edition; printed and available from American Media, P.O. BOX 4646, Westlake Village, CA 91359-1646; Phone toll-free 800-595-6596; Softcover ISBN 978-0-912986-45-6; $24.50 per copy.

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Louis Blasiotti August 10, 2011 at 1:31pm

For those who sincerely want to know what has been going on in America that the news media and the establishment does not want you, the long-suffering Taxpayer, not to know; I cannot recommend enough the below named book. This book will help you to understand how we got into our current mess and it will clear up the muddy waters, the questions and the fog which the morally challenged powerful and the morally challenged super rich want us to continue to wallow in.

"The Creature from Jekyll Island: A Second Look at the Federal Reserve," by G. Edward Griffin; 5th Edition; printed and available from American Media, P.O. BOX 4646, Westlake Village, CA 91359-1646; Phone toll-free 800-595-6596; Softcover ISBN 978-0-912986-45-6; $24.50 per copy.

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