[Am-info] Off Topic Question

[Mark Hinds]

Please excuse this, but I'm looking for understanding of why we (the people)
are allowing ourselves to be squeezed into oblivion by our political system.
I'm specically thinking about federal taxes.

I have 4 issues.

1. Social Security Tax.
    It seems clear to me that we pay 12%, not 6% since the employer's contribution
    is simply a way of hiding part of this tax. Why do WE allow this? Salaries
    should merely be adjusted up 6% and 12% should be deducted for SSI. People
    should see what they pay.

2. Social Security is simply a tax, not a market competive pension plan. I'm
    not certain of this and will investigate further, but assuming it is true,
    then SSI is really a tax and should NOT be capped
    ie 12% * 1.0e+6 = 120,000, not 8,800.

3. Corporate Taxes
    Since all for profit Corps pay these (to varying degrees :-) it can be assumed
    that Corporate Taxes are merely passed along all the way down to the consumer.
    So, I conclude that Corporate Taxes are merely a highly disguised sales tax on
    ALL goods and services. Shouldn't we get rid of these things? This would increase
    the competiveness of US business in the world market, as well as lower the cost
    of good and services.

4. Should not the personal FIT rate simply be a linear function of income capped
    at say 70%? That would bring the top tax rate from about %38 to 70 + 12 = 82%.


Please vote yes/no on 1-4 and comment, or kindly just ignore this.

Mark