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Old 03-22-2011, 03:33 PM
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SOREHOOF SOREHOOF is offline
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Join Date: Mar 2007
Location: Peoples Republic of the United Socialist States of Chinese America
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Didn't SS pay out more than it took in in 2010? How is that solvent. The tax cuts create more revenue for the Govt. FACT. If you raise income taxes on the wealthy they pay less taxes. They didn't get wealthy by giving their money away. A lot of wealthy people pay no income tax. They stop showing income when the tax rates get too high. That is how they stay wealthy. Income Tax does not tax wealth, just income. Do you want to seize property from the wealthy to make up for a lack of income? The Govt. is going to have to start spending within its means.
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