Kber
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Wed Aug-31-11 11:44 AM
Response to Reply #9 |
| 23. May not be able to clone him |
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but he did raise 3 kids who feel that we belong to, and have a responsibility for, a larger community. We all are supposed to do our part. So my 14 year old goes over to clear the debris from our elderly neighbor's property after Irene so that they can at least get their car out of the driveway. My step-dad does the same, but also puts a certain amount of his private money toward college scholarship funds and advocates for higher taxes on those who can afford it.
(Providing inexpensive and high quality education for everyone is kind of his thing since he feels that it was his ticket to a better life.)
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| -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 |
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We reach the FICA cap in the 4th quarter.... |
Fresh_Start |
Aug-31-11 09:24 AM |
#1 |
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Yea, I hit the cap a few months early a couple times before I retired too |
NNN0LHI |
Aug-31-11 09:28 AM |
#7 |
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I make 104,000.... i have no problem eliminating the cap. |
scheming daemons |
Aug-31-11 09:24 AM |
#2 |
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It takes a very mature human being to want to pay more taxes personally |
CBGLuthier |
Aug-31-11 09:24 AM |
#3 |
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Keep it in place for employers on every paycheck and exempt the citizen. |
Skink |
Aug-31-11 09:35 AM |
#13 |
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As an employer, you look at total compensation, not the net to the employee |
AngryAmish |
Aug-31-11 09:58 AM |
#18 |
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I thought about that later and... |
Skink |
Aug-31-11 10:20 PM |
#27 |
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raise the cap |
greymattermom |
Aug-31-11 09:25 AM |
#4 |
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Our income is over that amount and have no problem ELIMINATING the FICA cap. |
mod mom |
Aug-31-11 09:27 AM |
#5 |
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Same here. n/t |
FSogol |
Aug-31-11 09:29 AM |
#8 |
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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 |
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FWIW, my step-father makes significantly more than that and he's 100% in favor |
Kber |
Aug-31-11 09:28 AM |
#6 |
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That is encouraging to hear |
NNN0LHI |
Aug-31-11 09:30 AM |
#9 |
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May not be able to clone him |
Kber |
Aug-31-11 11:44 AM |
#23 |
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That might be an interesting thing to bring up |
RaleighNCDUer |
Aug-31-11 09:30 AM |
#10 |
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FICA should be applied to ALL income.. wages and otherwise |
SoCalDem |
Aug-31-11 09:32 AM |
#11 |
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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 |
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The actual rub will be from people earning $1 million plus, undoubtedly. |
sfpcjock |
Aug-31-11 09:41 AM |
#14 |
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The max for a 2011 retirement is $2, 366 per month |
Bluenorthwest |
Aug-31-11 10:02 AM |
#20 |
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Good point. Thanks for the numbers. |
sfpcjock |
Aug-31-11 11:49 AM |
#24 |
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I typically hit the cap in Mar/April |
FreeJoe |
Aug-31-11 12:22 PM |
#25 |
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don't forget, when we talk about raising tax rates or |
wiggs |
Aug-31-11 09:43 AM |
#15 |
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For much of my career, I hovered at and around the cap |
Bluenorthwest |
Aug-31-11 09:46 AM |
#16 |
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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 |
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I have gone over the cap and would not mind paying more taxes. |
DURHAM D |
Aug-31-11 10:03 AM |
#21 |
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I consistently hit the cap for over 25 years and have no problem eliminating it. |
sinkingfeeling |
Aug-31-11 10:20 AM |
#22 |
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Democrats will say 'sure'. Republicans will say 'no way in hell'. nt |
ItNerd4life |
Aug-31-11 12:43 PM |
#26 |
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