YES! Everyone should be taxed on 100% of their income.
90%
NO! But the cap should increase beyond $117K.
10%
Comments
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
Images of Thom
Mueller's favorite place to pray (written about in "Prophet's Way"), and the roof of the room where the Last Supper is reputed to have happened.
At Mondragon - both the mountain and the cooperative city - in Spain (written about in "Threshold" book)
From Cracking the Code:
"No one communicates more thoughtfully or effectively on the radio airwaves than Thom Hartmann. He gets inside the arguments and helps people to think them through—to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
From Cracking the Code:
"Thom Hartmann ought to be bronzed. His new book sets off from the same high plane as the last and offers explicit tools and how-to advice that will allow you to see, hear, and feel propaganda when it's directed at you and use the same techniques to refute it. His book would make a deaf-mute a better communicator. I want him on my reading table every day, and if you try one of his books, so will you."
From Cracking the Code:
"In Cracking the Code, Thom Hartmann, America’s most popular, informed, and articulate progressive talk show host and political analyst, tells us what makes humans vulnerable to unscrupulous propagandists and what we can do about it. It is essential reading for all Americans who are fed up with right-wing extremists manipulating our minds and politics to promote agendas contrary to our core values and interests."
Of course it should be eliminated. But more than that, all people should pay into social security. NOT just those people who work for a living (earned income, payroll taxes) but also those freeloaders who do NOT work who have passive wealth. (investment income)
I agree with trueblue313. By lifting the cap and including all sources of income whether from wages, dividens, capital gain, etc. we could probably even lower the % which would help lower income people.
I agree 100% with trueblue and arky. Treat investment income the same as income from wages and tax it all for FICA.