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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (213553)12/18/2004 8:05:15 PM
From: Amy J  Read Replies (1) of 1576867
 
RE: "eliminating the social security cap. "

I totally agree.

Everyone I know hits the tax cap around the summer time. It really wouldn't be noticeable if they removed the tax cap.

But only in exchange for making the SS cap $4k, rather than $1k. That would be a fair exchange.

But removing the SS tax cap, while imposing a $1k savings cap, would be draconian.

My vote (and I bet most people on this thread would agree, and probably most here hit the SS cap), would be to remove the SS tax cap, while allowing $4k/year to be saved rather than only $1k/year.

Regards,
Amy J
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