View Single Post
  #8   Report Post  
posted to rec.boats
Eisboch[_4_] Eisboch[_4_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default Pleas 2 'splain 2 dumm peepole...


"HK" wrote in message
m...

I prefer removing the employee "caps" on all income for social security,
and using the proceeds to help fund social security, medicare and health
insurance.


If I recall correctly employers match dollar for dollar the social security
tax paid by employees.
Does your plan also include having the employer match the new, uncapped tax?

Did I really have to ask?

My point is that although your idea has merit, there is a downside. Small
businesses may not be able to absorb even more taxes without having a
negative impact on their business, ability to grow or even maintain their
current employee levels.

Eisboch