Then somebody is an idiot, and it's not me.

Total income going to wages in 2006 was 6.445 trillion. 1 trillion is 15.5% of that. However, the social security tax rate is only 12.4%. So, if all wage income was taxed, total revenue would only be about $800 billion. Social security is already taking in something like $700 billion (it was $611 billion in 1999). So, the net is $100 billion which is a trillion over ten years.

Do we always talk about ten years at a time, or is that some kind of Republican trick to make a $100 billion tax increase sound bigger than it really is?

And about the middle class. Here's a table showing only 16.47% of households make more than $97,500 a year.

http://en.wikipedia.org/wiki/Household_inc...

That's for households too, which often have multiple earners. If people in the 80th and 90th percentile of income are middle class, then that is some strange definition of "middle" that I do not understand.