Welcome to Slider's Dugout Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SargeK who wrote (2518)	10/2/2006 7:49:13 AM
From: surelockhomes	Read Replies (1) of 50299

SargeK >>There is probably not 1 person in 100,000 US citizens KNOW their employers retain approximately 1/3 of ALL the FIT and FICA taxes extracted from their paychecks.<< WTF are you talking about? Employers deduct wages and their share of the FICA tax plus UI taxes. FIT is not retained nor deducted by employers. >>Business expense deduction of employee-paid FICA & FITW taxes reduces corporate tax liabilities by $100s of billions every year and deprives the U.S. Treasury of equivalent amounts.<< You are wrong. It does not. The only thing they can deduct is employee wages and benefits they pay on behalf of the employee.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next