From: Siri Cruz <chine.bleu@yahoo.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: $1,000,000,000,000 Makes The Rich Even Richer
Date: Sun, 27 Apr 2025 02:31:18 -0700
Organization: Pseudochaotic
On 26/4/25 21:56, Governor Swill wrote:
> So you're proposing a 5-10% income cut on*some* SSA beneficiaries,
> increase the FICA cap "a little" and do you mean apply SSA tax to
> investment income?
It looks like there will have to be some pain. If the pain is
shared fairly and without ruining people, history shows people
accept it. Like 1863, 1937, and more.
> Income is income. All income types should be taxed at the same rate.
Income is classed as earned or portfolio income. Earned income is
being paid to let others use your labour. Portfolio income is
being paid to let others use your money.
FICA or SEP is a tax on earned income only. Depending on the mood
of Congress earned and portfolio income can be taxed at different
rates.
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