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Reply #45: SS FICA basis was changed ... [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

defendandprotect

(1000+ posts) Send PM | Profile | Ignore

Sun Nov-16-08 11:25 AM
Response to Reply #42

45. SS FICA basis was changed ...

...reversed the FICA ratio to 50/50 ...

originally was 2/3rds paid by employer and 1/3rd paid by employee --

I'm not "intertwining SS and general taxes" ...

The basis of my comment which I will reemphasize for you is that in all

areas we need PROGRESSIVE rates ... i.e., "earn more/pay more."

Again -- good news that the ceiling is being increased.

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