Tag Archives: FICA

The Payroll Taxes

BY RICH GALEN
Reprinted from Mullings.com

The big hoo-hah over taxes we had to suffer through last month had to do with income tax rates and some specialty items that largely attached to corporations.

As you may know if you’ve ever made the mistake of saying “about half of those who work pay no taxes at all” in front of a Liberal, everyone who shops pays sales taxes, everyone who drives pays gasoline taxes, and everyone who works pays … payroll taxes. Continue reading

High vs. Low-Income Earners

BY FRANK HILL
Reprinted from Telemachus.com

Income disparity is not as big as you may think, believe it or not.

Everyone is talking about ‘taxing the rich!’, ‘redistributing the wealth!’ and ‘income inequality!’ as if it is something from a fairy tale or something. If you didn’t know better, you would think you were reading history from the French Revolution (‘Off with their heads!) or the writings of Leon Trosky and the others who brought ‘income-equality’ (as in ‘low’ income for everyone but the rulers) in Soviet Russia for almost a century. Continue reading