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To: blam

It is NOT 2%. It IS 32%.


10 posted on 01/11/2013 10:16:58 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: csmusaret
It is NOT 2%. It IS 32%

No, the social security payroll tax is not 32%. But the prior reduction of the social security payroll tax rate was 2%, and that 2% reduction has expired reverting the social security tax rate back up to its prior level - roughly 6%.

12 posted on 01/11/2013 10:45:30 AM PST by VRWCmember
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