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Reply #24: Good point. Thanks for the numbers. [View All]

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sfpcjock Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 11:49 AM
Response to Reply #20
24. Good point. Thanks for the numbers.
I agree. Give millionaires the same percentage benefit that everyone else gets and keep the program as it is.
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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 
  - 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 

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