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Re: arizona1 post# 110045

Friday, 10/01/2010 6:59:06 AM

Friday, October 01, 2010 6:59:06 AM

Post# of 579511
where are we headed?

http://www.smartmoney.com/investing/stocks/mobs-in-europe-records-in-brazil/


one practical solution that does not pour money into the pockets of the guilty bank system>>>

"The only reason we still have a payroll tax is because it's been specifically used to fund the two most successful and progressive social programs in American history: Social Security and Medicare.

Otherwise, we would have gotten rid of it ages ago. On its own, it's the most regressive tax imaginable: 12.4% of your salary (typically split between you and your employer) no matter how little you make, and capped at an annual salary of $106,800.

So for a millionaire, it's nothing; for the working poor, it's an enormous wallop. And worst of all -- especially in a period of widespread joblessness -- it is literally a tax on employment."
http://www.huffingtonpost.com/2010/09/21/payroll-tax-holiday_n_732179.html


very telling>>>
http://www.chartoftheday.com/20101001.htm?T

lll & pj

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