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Franklin Roosevelt Social Security
Franklin Roosevelt gives a speech after signing the Social Security Act.
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"Bear in mind this sacred principle, that though the will of the majority is in all cases to prevail, that will, to be rightful,
must be reasonable; that the minority possess their equal rights, which equal laws must protect, and to violate would be oppression."
--Thomas Jefferson
In our system, the wolves cannot vote to eat the sheep. And, All ARE better off for living in a society with a "safety net".
State taxes income 7% (Calif),
sales tax 10%
Fed income tax rate 28%
In direct taxes well over 50%
Then you have to include business taxes that are passed along to us through high cost of goods. maybe another 10%. Inflation tax 2%
Add it up. You wolves are very very hungry. And of course all of this is for some sort of "Social Good"
That CA Sales tax of 10% must suck, no argument. I pay 6.5% in my county, but OH is 5.5% base rate. Your # is NOT misleading.
Your Fed Income tax rate IS misleading, as this rate is ONLY APPLIED TO YOUR ADJUSTED GROSS INCOME - that's AFTER credits and deductions. You are NOT paying that 28% on your full income. Your effective rate is far lower.
You overly simplify an overly complex issue when you say, regarding corporate taxes being passed along as higher prices, "maybe another 10%". I don't expect a dissertation in <500 words, but that # is unsupported, not to mention difficult to nail down in the first place.
I'm OK with your inflation figure.
All that being said, it really doesn't matter if you're being misleading or not.
Here's what matters: You can't say ALL taxes are bad, just as I can't say ALL gov't services are good. In fact, I can agree that taxes are likely too high, simply 'cause I can see that some of that money is clearly being wasted on some of those very gov't services.