Replies

To: silverleaf

Yeah, beyond a certain point, FICA is not collected. I think the ceiling is around $110,000 but not sure.

President Obama is planning to remove that ceiling.

Which is ridiculous, because people making over $110,000 will never get back from Social Security what they will have paid into it.

Heck, I don’t make near that amount I know I won’t get back from SS near what I’ve paid into it.

6 posted on 03/07/2009 9:21:33 AM PST by stylin_geek (Liberalism: comparable to a chicken with its head cut off, but with more spastic motions)

To: stylin_geek

I know it goes up every year- but total removal is a huge new tax on the upper middle class

A lot more tax on people making a lot less than $250K

OBam and O Biden WHAT A PAIR of LIARs

9 posted on 03/07/2009 9:25:22 AM PST by silverleaf (Freedom's just another word for "nothing left to lose")

To: stylin_geek

Heck, I don’t make near that amount I know I won’t get back from SS near what I’ve paid into it.

Trust me, you'll get back every penny you ever put in plus interest.

Right now 0bama feasts on $100/lb Wagu beef.

Soon you'll feast on a $100 Quarter Pounder®...

14 posted on 03/07/2009 9:32:50 AM PST by null and void (We are now in day 45 of our national holiday from reality.)

To: stylin_geek

Yeah, beyond a certain point, FICA is not collected. I think the ceiling is around $110,000 but not sure.

This is been on the agenda by the rats for a long time. They can say the didn’t raise tax rates...............

23 posted on 03/07/2009 9:45:48 AM PST by PeterPrinciple ( Seeking the truth here folks.)

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