Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (430636)	10/28/2008 12:35:12 AM
From: SilentZ	Read Replies (1) of 1574307

>That would only be true for a dual-income family where each individual makes less than $250K, since each wage earner would stay under the $250K FICA cap. >An individual making more than $250K will be paying a lot more in FICA taxes. 12.5 percentage points more. No, 7.65%, right? >That is indeed a massive tax hike It's somewhat big, but it's only on the income over $250,000 (nothing between $106,800 and $250,000, which I actually disagree with), which really should have been taxed that way all along. -Z

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