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Originally posted by wardk28
reply to post by Flatfish
I was hoping the ones that questioned this would actually check for yourselves but here is the link. Its common sense really, the more people employed= more income tax revenue.
Originally posted by SourGrapes
Are people not getting that this is NOT A TAX!!!!!!!!!!!!!!!
It's a pension plan. YOUR PENSION PLAN! It's Medicate, it's Social Security. It's your retirement!
Fine! Be okay with putting 50% less, I'm not okay with it. How is contributing LESS going to do anything other than kill it off faster?
Obama is killing YOUR retirement for HIS reelection!
edit on 23-8-2011 by SourGrapes because: (no reason given)
Note two caveats concerning these rates. Public Law 111-312 reduces the OASDI tax rate for 2011 by 2 percentage points for employees and for self-employed workers. The loss of payroll tax revenue due to this one-year reduction will be made up by transfers from the General Fund of the Treasury to the OASI and DI Trust Funds and will thus have no financial impact on either program. Furthermore, starting in 2013, the Affordable Care Act imposes an additional HI tax equal to 0.9 percent of earnings over $200,000 for individual tax return filers, and on earnings over $250,000 for joint return filers.
Originally posted by neo96
reply to post by SaturnFX
those people who are standing for half this country not paying any taxes and take from other people who are
is what i am against any sane person would be.