We are talking about annual income, not wealth. Wealth tax is another matter. According to Piketty, who has the data, we should have wealth taxes too, if we want a stable capitalist system. But FICA is a a tax on annual income, not wealth.
We are talking about annual income, not wealth. Wealth tax is another matter. According to Piketty, who has the data, we should have wealth taxes too, if we want a stable capitalist system. But FICA is a a tax on annual income, not wealth.
We are talking about annual income, not wealth. Wealth tax is another matter. According to Piketty, who has the data, we should have wealth taxes too, if we want a stable capitalist system. But FICA is a a tax on annual income, not wealth.