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Article #493

Re: National Sales Tax - An Alternative?

#493
From: Richard Bachert
Date: Fri, 08 Dec 1995 00:00
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In <4a7i80$lqn@spectator.cris.com> Steven DeVillier
<cyclist@pop3.cris.com> writes: 
>
>tmcintyr@news.pgh.net (Terry McIntyre) wrote:
>
>>	Heck no! You are seeing exactly only a small part of the bite.
>>For example, your employer matches your FICA contributions - which
fact
>>is not noted on your paycheck. Nor is the amount which your employer
pays
>>in taxes noted, nor the amount paid by the shareholders.
>
>>>>Common fallicy:  That "matching" "contribution" by the employer
comes straight out of the compensation he could pay you IF he were not
required to withhold by the SS act.  When a prospective employer sits
down to calculate the cost to his business of hiring another person. 
Unless he's running a charity, his "contribution" to SS had better find
its way into that bottom line.  He's just retaining what he could
otherwise send home with you and sending it to the feds to out into
your SS "trust fund" account.  (And, sorry guys, but that "trust fund"
ain't -- it's been papered over with government IOUs.)
>
>Maybe I miss something will the Nat. sales tax also take care of
Social 
>security? 
>
>>>SS is a separate -- but vital -- conversation we'd better have very
soon!
>Steve D
>
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From: bachert@ix.netcom.com(Richard Bachert)
Subject: Re: National Sales Tax - An Alternative?
Date: 1995/12/08
Message-ID: <4a9gg5$r8b@cloner2.ix.netcom.com>
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