Timeline for How does the US federal income tax system work?
Current License: CC BY-SA 3.0
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| Sep 30, 2013 at 22:33 | history | edited | littleadv | CC BY-SA 3.0 |
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| Aug 5, 2013 at 4:12 | comment | added | JohnFx♦ | I suppose it all boils down to whether you look at SS as an entitlement program or a Government mandated retirement insurance program. However, Don't want this to turn into a political thread so I'll leave it at that and not offer an opinion either way. | |
| Aug 5, 2013 at 3:45 | comment | added | littleadv | it doesn't make the tax less regressive. Moreover, SS is only charged on earned income, whereas for many richer individuals they may not have any - all will come from capital gains/dividends/passive income. | |
| Aug 5, 2013 at 3:40 | comment | added | JohnFx♦ | I'd argue that it is debatable whether SS tax is regressive considering that benefits are also capped commensurate with the caps on income levels where the tax is collected. | |
| Jul 31, 2013 at 3:10 | history | answered | littleadv | CC BY-SA 3.0 |