The missed tax increase

Not only do the "rich" not speak up more, they are clearly now in the minority, as defined by the graduated (NOT PROGRESSIVE) personal income tax structure, BY DESIGN. The math is simple. There are fewer of those people and they can be marginalized by injecting class envy in the majority who are largely UN educated.

So even if they did speak out, it WOULD NOT MATTER. There aren't enough of us to change anything no matter how many vote no matter what way we vote. That sounds fair: have those who can't affect the election pay all the bills!!

Is "zero" the fair share for any citizen? Is a larger percentage for those earning more (notice I did not say WEALTHY) fair?

I have been the victim of a huge tax increase that is responsible for keeping social security a float. The top level of earning subject to the social security tax has steadily increased, especially in the last 15 years. This has gotten very little publicity.

For example , in 1994 I first hit this tax "ceiling", then at $45,000. The last few months of the year I got a 7% wage increase due to NO SOCIAL SECURITY DEDUCTION. I paid off 2 credit cards.

No one ever talks about this. And even though my wages steadily increased until I was UNEMPLOYED IN OCTOBER 2009, I never saw this "ceiling" again, as the limit kept increasing faster than my wages. It is now well over $100,000/yr.

Of course, my contributions are not used to calculate my relative withdrawals except in a very limited way. As it stands now, I have paid into Social Security since 1972, over $100,000, and my employers paid an equal amount. If I had received a rate of return of only 6% untaxed (like a Roth) on that $200,000 over the last 38 years, I would be a millionaire.

Of course my money paid for those before me, and there will be no one to pay for me, so you guessed it!

PONZI SCHEME COLLAPSES!