Eisboch wrote:

"Vic Smith" wrote in message
...
On Fri, 5 Jun 2009 04:55:45 -0400, "Eisboch"
wrote:


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.


What's the cap now? Over $100k I think.
Check small business wages.
Here's one source.
http://www.inc.com/news/articles/2008/07/salaries.html
About $32k.
Might affect 1% of small business wage earners - if that.
So the guy making a million will add what 30 small business wage
earners add.
Maybe the boss will say "Hey, have to cut your salary 7% of everything
past $100k so my business doesn't suffer. So now you're only making
$937k."
Think the guy will quit because he's now kicking in only what 28 small
business wage earners are kicking in?
Might be a tremendous insult to him, thinking he is being devalued.
Not sure.

--Vic


It depends on the business. There are many small businesses with
employees that have salaries over 100K, particularly in high tech or
engineering fields.

What is the effect of a 2.5% increase in SS taxes on a large business?
All of the employees don't get a raise.

Democrats don't understand that once the juice is squeezed out of the
orange it is gone for everyone.