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Reply #11: Another thing that needs to be brought up [View All]

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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-05-11 06:22 AM
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11. Another thing that needs to be brought up
Even if this undermining of Social Security is allowed to go forward, why doesn't it have a reasonable limit? I keep reading in the media about the family making $50K that will see their paychecks shrink by $1K if this "temporary" break is not extended. Well, hell's bells, why not limit it to that amount!

If you have a married couple where both spouses make at the cap or above, and you drop the FICA tax rate 3.5 percent, they'll save $7,707.00! Why do people making so much deserve so much of a tax break? Almost everything else in the tax code is limited by income, why not the FICA tax holiday?
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