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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. |
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