Social Security on the chopping block Message Board

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Politics : Social Security on the chopping block

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To: Don Earl who wrote (12)	6/14/2005 7:08:24 AM
From: tonto	Read Replies (1) of 35

Huh? Absurd comment. The common misconception is the employer pays any part of your Social Security taxes. Your employer's overhead directly affects what your employer is able to pay you. If your gross income is currently $30,000 per year, your employer is paying $2,250 in FICA taxes that would otherwise be included in your pay check and you are paying another $2,250, for a total of $4,500.

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