Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: cidrasm; xzins
Is your daughter self employed? If not, she didn't pay 15% in FICA, she paid half that, her employer paid the other half

No, she paid it all. The amount the employer pays is the same that she pays and it all comes out of HER earnings.

FICA has been sold as insurance premiums (hence the I in OADSI) and most people think of it as a retirement program.

I don't care how it is sold, it is a tax on income and to make it worse it is a tax on wages. Every working American pays 15% of their income in taxes before they pay any of the other non-FICA taxes. They also pay gasoline taxes, excise taxes, luxury taxes, and tons of hidden fees for every penny they spend.

The problem is not that these people aren't paying their fair share, the problem is that the government is just too damn big and government spending is out of control.

31 posted on 02/22/2012 7:14:59 PM PST by P-Marlowe
[ Post Reply | Private Reply | To 29 | View Replies ]


To: P-Marlowe
No, she paid it all. The amount the employer pays is the same that she pays and it all comes out of HER earnings.

Absolutely correct, but I bet it's very rare that an employer tells that to the new employee, and if the employer matching requirement were rescinded right now and the entire burden placed openly on the employee, do you think the employer is going to raise her actual salary or hourly wage? I wouldn't bet on it. It might for future hires, but for current?

The problem is not that these people aren't paying their fair share, the problem is that the government is just too damn big and government spending is out of control.

Yes, yes the federal government is too big and is spending way too much money. So, now all you have to do is convince a significant majority of Americans who are benefitting from the government's largess to give that up. Just how many people benefitting from entitlement programs like Social Security and Medicare are going to willingly take a cut in their benefit? There are people here on FR that get very excited whenever a cut in SS is mentioned. They worked and paid into that ponzie scheme and they darn sure are going to get theirs.

Then get a super majority in the House and Senate or a same-minded President to slash the budget down to it's Constitutional limits. I don't see that ever happening honestly. The spending horse has left the barn. For every expense in the budget there are voters who wanted them there. Politicians want to be re-elected and the easiest way to do that is to buy votes with the public treasury. And with no death of the highly left wing biased MSM in sight, the propaganda they spew definitely won't be toward limited government.

The Democrats did the biggest damage they could with the gigantic spending at the beginning of this administration knowing that the increased spending would end up getting baselined for future budgets.
What do you think the chances are of removing the payroll tax reduction that's now 2 years running. You saw the stink the MSM put on anyone daring to state that it's unsustainable.

Just my 0.02

68 posted on 02/23/2012 6:01:27 AM PST by cidrasm
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson