[Sacajaweau]

IIRC, this 2% is from the SS collected/paid by the employer...not general taxes....

which may explain why we didn't get COLA for the past two years OR a promised one time payment of $250.

[Cobra64]

IIRC, this 2% is from the SS collected/paid by the employer...not general taxes....

Well, that makes two of us who understand it.

Even most FReepers fail to realize that the "payroll tax" is FICA, aka Social Security. Then they, like liberals will wonder why SS is going bankrupt sooner than expected.