No. of Recommendations: 0
intercst:"I bet we could actually lower the FICA tax rate and secure Social Security for hundreds of years if we applied the tax to all income (even hedge fund managers earning billions of dollars in one year) dividends, interest, and capital gains."

but would you be willing to compensate them when they retire, with say, 3 million a year in SS benefits?

If they contribute 10,000 times more than the average, then they should be able to collect at least 1000 times more in retirement, right?

Say a measely 3,000,000 a year in SS payments?

Oh....you're for wealth redistribution? see money, want money.

I doubt you'd be retired if you had to pay all the taxes you are talking about yourself.

and now look at you. Sold your 'dividend stocks' so you won't get socked with higher rates on dividends. Trying to make yourself have the least 'income' next year to get the cheapest rate possible. Trying to fly 'under the radar'....gotcha....

Typical lib saying 'tax the guy standing next to me, but not me!'....

If you are so envious of hedge fund managers, go be one yourself!....make your billions if you can.



t.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.