Can You Guess Whose Taxes Went Up the Least?

[corpgator]

If you guessed those making between 200k and 500k, you win the prize!

Since SS isn't solvent, why aren't we raising the ceiling for SS taxes?

http://www.slate.com/blogs/moneybox/2013/01/02/credit_suisse_fiscal_cliff_deal_leaves_income_lowe r_for_everyone_especially.html

[QGator2414]

Ah yes. Let's raise FICA on our younger generation so we can get ours...

[QGator2414]

If you want to see who gets screwed by FICA taxes it is the younger generations...

Began at 1% on $3K. Now 6.2% on $110,100 and you have to wait longer for benefits.

http://www.ssa.gov/OACT/ProgData/taxRates.html

[ncbullgator]

If you guessed those making between 200k and 500k, you win the prize!

Since SS isn't solvent, why aren't we raising the ceiling for SS taxes?

http://www.slate.com/blogs/moneybox/2013/01/02/credit_suisse_fiscal_cliff_deal_leaves_income_lowe r_for_everyone_especially.html

Because benefits are capped.

The poor and middle class get a far better deal with SS.

More envy without facts from the uneducated left.

:cry:

[MichaelJoeWilliamson]

Ah yes. Let's raise FICA on our younger generation so we can get ours...

Hey, I am 58. PAY ME NOW!

[QGator2414]

Hey, I am 58. PAY ME NOW!

:)

Your good as it seems the cut off for the next round of screwing is 55... ;)

[G8trGr8t]

and means testing isn't far behind. SS was never intended to be a retirement plan but too many have failed to plan so SS and medicare is their retirement plan

[Dreamliner]

With sufficient numbers of voters who have their eyes trained on your money, my advice is not to worry about money. You have little incentive these days to make it. Just do what you love to do and live hand-to-mouth.

[Dreamliner]

BTW, there are a handful of countries that you can reportedly retire to and live off SS. Ecuador is one of them. Evidently, Ecuador is not a country filled with jackals and carrion that want your money.

[g8orbill]

until we require everyone who works to contribute to income taxes we will never dig ourselves out of this hole

[wygator]

Can you guess who was paying the most taxes already?

[QGator2414]

Can you guess who was paying the most taxes already?

I think I heard today it is now the top 0.7% that pay 40% of federal income taxes...

And Fred will tell you the wealth is being redistributed to the top...

[ncbullgator]

With sufficient numbers of voters who have their eyes trained on your money, my advice is not to worry about money. You have little incentive these days to make it. Just do what you love to do and live hand-to-mouth.

Yep.

And resist the urge to start a business for money or work harder on the corporate ladder.

The liberals have learned this well. Demand someone else play the bills.

:cry: