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And another myth bites and another myth bites and another myth bites the dust.
"Owing" and "Paying" are two different things, yanno.
Broadcasting from a tea-party protest in Atlanta, Sean Hannity asked during the April 15 edition of his Fox News program, "When did we ever get to a point of America where we're nearly where the point where 50 percent of Americans don't pay anything in taxes? Nothing." In fact, according to an April 14 Tax Policy Center (TPC) analysis, under current law, more than 88 percent of families and independent individuals in the United States will pay payroll or income taxes for 2009. As Media Matters for America has noted, under the Federal Insurance Contributions Act (FICA), workers who are not self-employed are required to pay 6.2 percent of all their wages up to a wage-adjusted yearly cap ($106,800 for 2009) for Social Security, and 1.45 percent of all their wages for Medicare. Those who are self-employed are required to pay 12.4 percent of all their wages up to the cap for Social Security, and 2.9 percent of all their wages for Medicare.
While talking about Sen. Barack Obama's tax plan, Lou Dobbs falsely asserted that "just about 40 percent of all Americans -- working Americans -- don't pay taxes." In fact, all American workers are required to pay taxes on their wages for Social Security and Medicare, and people in the United States are also subject to excise taxes. Indeed, the Congressional Budget Office found that the average effective federal tax rate for households in the lowest quintile of income earners in 2005 was 4.3 percent, while the second lowest quintile paid an average effective rate of 9.9 percent that year.
Quoting the very wealthy Leona Hemsley, ""We don't pay taxes. Only the little people pay taxes ..." ought to remind you that there are two sides to every story.
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Re: Democracy: Tyranny by the Poor and Lower Middle Class and Elderly
Originally Posted by State
[url=http://www.youtube.com/watch?v=Fu2JdbUuKEg]No wonder Ayn Rand's books are selling so well. We're in _Atlas Shrugged_ territory.
Ayn Rand's books will always sell well, as long as you can sell the average person the proposition that special and important people -- "like themselves" -- are being kept down by masses of inferior people and beaurocracies that represent them.
You'll always be able to sell the idea to any given individual that he is an oppressed "natural elite" kept down by a system, essentially selling 30 or 40% of people the idea that they are in the most important talented and intelligent 2% that produces the real wealth of the world.