Name:   MartiniMan - Subject:   You need to learn to read Date:   7/23/2020 9:04:01 AM (updated 7/23/2020 9:10:53 AM)

Let me put up the money quote from my post and I have bolded the critical few words that you apparently did not comprehend.

“And the poorest pay exactly the same amount of tax on their earnings as someone making $1M per year up to whatever they earn.  So some construction worker that makes $25K per year pays exactly the same FICA on that $25K as the guy that makes $200K per year.”

As I pointed out everyone pays exactly the same FICA tax up to the max (~$137K) and anyone that makes more does not pay any more of the SS tax, but they do continue to pay the Medicare portion. So as a percentage of overall income, a payroll tax holiday disproportionately benefits lower income workers.....i.e., it is progressive.  While the same tax disproportionately benefits higher income workers.....i.e., it is regressive.  Amazing.....I actually want to do something that benefits the working poor, lower and middle classes.....will wonders never cease?  And why you might ask?  Because they are the ones that are more likely to actually spend those extra dollars rather than saving them.  I cannot believe I have to explain this to you again.

Learn to read better Goofy.