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Politics : Formerly About Advanced Micro Devices
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To: TideGlider who wrote (954197)8/5/2016 11:00:44 AM
From: Wharf Rat  Read Replies (1) of 1577807
 
" Are you referencing the cap on payment into SS as it relates to income?"

Yup; no good reason why Kevin Durant and the Warriors shouldn't be paying taxes on his entire $20M dollar salary, instead of just the first $115K. SS is currently a very regressive tax.

They can raise bennies all they want. There's a very high tax on it, making it means-tested. That money goes back into the SSTF. It's only ridiculous if you're a no-tax republican.
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