AngryAmish
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Aug-31-11 09:58 AM
Response to Reply #13 |
| 18. As an employer, you look at total compensation, not the net to the employee |
|
I don't pay anyone over the cap (other than myself, of course) but making a "person" exempt is just an illusion. But paying a lower percentage does have appeal.
|
| -Have you ever asked someone in real life who makes +$100,000 per year about raising the FICA cap? |
NNN0LHI |
Aug-31-11 09:14 AM |
#0 |
-
We reach the FICA cap in the 4th quarter.... |
Fresh_Start |
Aug-31-11 09:24 AM |
#1 |
 -
Yea, I hit the cap a few months early a couple times before I retired too |
NNN0LHI |
Aug-31-11 09:28 AM |
#7 |
-
I make 104,000.... i have no problem eliminating the cap. |
scheming daemons |
Aug-31-11 09:24 AM |
#2 |
-
It takes a very mature human being to want to pay more taxes personally |
CBGLuthier |
Aug-31-11 09:24 AM |
#3 |
 -
Keep it in place for employers on every paycheck and exempt the citizen. |
Skink |
Aug-31-11 09:35 AM |
#13 |
-
As an employer, you look at total compensation, not the net to the employee |
AngryAmish |
Aug-31-11 09:58 AM |
#18 |
-
I thought about that later and... |
Skink |
Aug-31-11 10:20 PM |
#27 |
-
raise the cap |
greymattermom |
Aug-31-11 09:25 AM |
#4 |
-
Our income is over that amount and have no problem ELIMINATING the FICA cap. |
mod mom |
Aug-31-11 09:27 AM |
#5 |
 -
Same here. n/t |
FSogol |
Aug-31-11 09:29 AM |
#8 |
 -
I wonder what would happen if the 1st 10,000 was exempt and the rest taxed. |
mod mom |
Aug-31-11 09:58 AM |
#19 |
-
FWIW, my step-father makes significantly more than that and he's 100% in favor |
Kber |
Aug-31-11 09:28 AM |
#6 |
 -
That is encouraging to hear |
NNN0LHI |
Aug-31-11 09:30 AM |
#9 |
-
May not be able to clone him |
Kber |
Aug-31-11 11:44 AM |
#23 |
-
That might be an interesting thing to bring up |
RaleighNCDUer |
Aug-31-11 09:30 AM |
#10 |
-
FICA should be applied to ALL income.. wages and otherwise |
SoCalDem |
Aug-31-11 09:32 AM |
#11 |
-
Hubby makes over 100K and he thinks it's stupid that the whole amt isn't taxed. n/t |
woodsprite |
Aug-31-11 09:32 AM |
#12 |
-
The actual rub will be from people earning $1 million plus, undoubtedly. |
sfpcjock |
Aug-31-11 09:41 AM |
#14 |
 -
The max for a 2011 retirement is $2, 366 per month |
Bluenorthwest |
Aug-31-11 10:02 AM |
#20 |
-
Good point. Thanks for the numbers. |
sfpcjock |
Aug-31-11 11:49 AM |
#24 |
-
I typically hit the cap in Mar/April |
FreeJoe |
Aug-31-11 12:22 PM |
#25 |
-
don't forget, when we talk about raising tax rates or |
wiggs |
Aug-31-11 09:43 AM |
#15 |
-
For much of my career, I hovered at and around the cap |
Bluenorthwest |
Aug-31-11 09:46 AM |
#16 |
-
Mustn't ask the rich to pay the same amount as the rest of us--might ANGER them! |
Romulox |
Aug-31-11 09:54 AM |
#17 |
-
I have gone over the cap and would not mind paying more taxes. |
DURHAM D |
Aug-31-11 10:03 AM |
#21 |
-
I consistently hit the cap for over 25 years and have no problem eliminating it. |
sinkingfeeling |
Aug-31-11 10:20 AM |
#22 |
-
Democrats will say 'sure'. Republicans will say 'no way in hell'. nt |
ItNerd4life |
Aug-31-11 12:43 PM |
#26 |