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Tag Archives: Social Security
Saturday, 9/5/15, Public Square
Conservative special interests have worked long and hard to convince Congress we can’t afford Social Security and Medicare, to preserve massive tax cuts for the rich. We’re hearing that same message over and over in the 2016 GOP Presidential race.
Filed under The Public Square
Friday, 1/10/14, Public Square
Plus, consider this: ZERO social security taxes are withheld from capital gains earnings. The top 0.1%– about 315,000 individuals out of 315 million– are making about half of all capital gains on the sale of shares or property after 1 year; and these capital gains make up 60% of the income made by the Forbes 400. The capital gains tax is capped at 15 percent, thus, anyone making more than $34,500 a year in wages and salary is taxed at a higher rate than a billionaire is taxed on untold millions in capital gains.
Filed under The Public Square
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