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To: New Jersey Realist
That 50% MUST be required to pay some taxes, even if a mere 2 or 3 percent.

Most of them pay FICA tax. We shouldn't pretend that isn't just the same as paying income tax. All the money goes to the US Treasury.

29 posted on 10/28/2017 1:11:48 PM PDT by Hepsabeth
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To: Hepsabeth

“We shouldn’t pretend that isn’t just the same as paying income tax.”

It absolutely is NOT the same as income tax.

It’s capped.

And it’s INSURANCE that most workers at that level use fairly often. And most will receive FAR MORE than they contribute.

Those of us who pay Income Tax will make up the gap.

Your contention is ludicrous.


36 posted on 10/28/2017 1:21:36 PM PDT by Mariner (War Criminal #18)
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To: Hepsabeth

Sure they pay the FICA, etc., but they get that back plus credits when they file!


59 posted on 10/28/2017 6:23:44 PM PDT by New Jersey Realist ( (Be Nice To Your Kids. They Will Pick Out Your Nursing Home))
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