Obama's Tax Cuts and Tax Hikes

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Joe Biden is entitled to his Social Security benefits. But why is a man who earns more than $250K entitled to a $250 stimulus gift just because he receives Social security benefits while another worker earning $75K is not entitled to the $400 rebate given on FICA payments? Inequities abound when the government starts handing out money.

george milton of DC 1:51PM April 20, 2009

100% of estates have to pay someone to fill out tax forms even though only 2% pay taxes. Replace estate taxes with inheritance tax. One line on 1040. Hefty exemption then 15% on the rest. No need to figure cost basis etc.
Taxes are to high on those who pay taxes. Marginal rates in nyc will soon be over 50% even if FICA is not raised. Why would anyone work extra? We know high rates result in less revenue. Less work. Less compliance.
Fica, by the way, is only regressive if you die young. Or if you believe the poor will not receive benefits.
If so, vote for private accounts.
If Clinton tax rates furthered growth, why not impose them on all, not just 2% of americans.
The Obama tax plans are merely politically useful ploys, not a means to raise revenue for spending plans. And these spending plans are not investments. One does not solve the economic burden of health care by spending trillions on health care.

george milton of DC 1:49AM April 18, 2009

The "protestors" are being mischaracterized by the intentionaly misleading Pethokokus. The issue is the reckless spending that results in all the clever taxing. We have theorists, with socialist agenda lead naive journalists by the nose

David Mazepink of CA 10:24AM April 17, 2009

the value-added tax (if proposed), property tax, sales tax (or "gross receipts" tax, as they have in some states), and the "sin" taxes.
Bravo the graduated income tax, including on corporations and capital gains, and the estate tax. The top end needs to be raised----a lot.
Taxing what's left over is far more acceptable than taxing you everyday on what you do, buy or live within. Oddly, the tax protesters have this backwards and yell mostly about the wrong category. That's because most of them are clueless and led by the nose easily.

Muser of NM 2:21PM April 15, 2009