To: miss marmelstein
If you’re self employed like me then you pay almost 20,000 a year in FICA
boy if people had to write that check themselves like I do
45 posted on
02/07/2016 8:33:08 AM PST by
wardaddy
(Boy the nasties are sure out in force here.....I hope someone is saving this)
To: wardaddy
Ugh! That’s an awful lot.
46 posted on
02/07/2016 8:34:40 AM PST by
miss marmelstein
(Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
To: wardaddy
In other words, the self-employed person’s FICA tax rate for the year 2015 consists of the Social Security tax of 12.4% (6.2% + 6.2%) of the first $118,500 of net income plus the Medicare tax of 2.9% (1.45% + 1.45%) of every dollar of net income.
Bill Gates Medicare premium would pay average public health budget of any of 90% of Americas counties
I read that somewhere
55 posted on
02/07/2016 8:39:22 AM PST by
wardaddy
(Boy the nasties are sure out in force here.....I hope someone is saving this)
To: wardaddy
If you’re self employed like me then you pay almost 20,000 a year in FICA Even if you work for Megacorp.com, you still pay the full amount of socialist insecurity and mediscare taxes. It all comes out of the pot of money your employer has available to cover payroll.
179 posted on
02/08/2016 1:03:12 PM PST by
NorthMountain
("The time has come", the Walrus said, "to talk of many things")
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