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posted to rec.boats
Eisboch[_4_] Eisboch[_4_] is offline
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First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default Pleas 2 'splain 2 dumm peepole...


"HK" wrote in message
m...
Eisboch wrote:

"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



I did say "remove the employee caps," right? That does not mean removing
the employer caps.


It was a legitimate question. Currently, employers match dollar for dollar
the employee SS tax contribution. If you remove the employee cap, by
default you remove the employer cap.
Can't be too careful with you tax and spend liberals, you know.

Eisboch