Wednesday, September 30, 2009

47% of Americans pay no income tax

Given that medicare and social security taxes are intended to be a form of savings, not government funding, that means that half of America functionally does not pay for any of the benefits conferred upon them by government (national security, welfare/social safety nets, law and judicial rule, etc). Many of them actually receive payment for being able to partake in the benefits conferred by government.
I understand the need for progressivity, but that's close to confiscatory.

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