I wonder why that is?
6
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Feel free to reply to any comment by clicking the "Reply" button.They also don't talk about how the rich quit paying Social Security taxes very early into each tax year, because it takes almost no time for them to reach the income earnings cap on SS taxes, and/or because most of their income is in stock options that are not even taxed at all.
And I know the argument that will be used by the rich to justify the earnings cap on SS income, and that they and their supporters will say they shouldn't have to pay into it at all, etc., because they don't need SS themselves, but my counter-argument is that they benefit from all the workers they exploit to achieve their capitalist wealth, so they should be required to financially support the SS benefits their workers need, the same way that capitalists and their businesses should be taxed for SS when they replace workers with machines, because doing so drains the SS system of revenue, so let the capitalists replace workers with machines, but also make them pay SS taxes on those machines, the same way they would for human workers staying in those jobs. If that happened, maybe they would think twice about automating everything in the name of efficiency and greed.
TomMcGiverin
Level 8
Feb 26, 2023
1
Utterly ridiculous and I'll bet his tax rate is below 20%
racocn8
Level 9
Feb 13, 2023
2
If he pays anything at all!
@pamagain As Leona Helmsley said, quite candidly, " Taxes are only for the little people"....
@TomMcGiverin Right!
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