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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (125456)10/6/2000 1:18:30 AM
From: TimF  Read Replies (2) | Respond to of 1570270
 
PS: Social Security is not really a tax. It is an old age and disability insurance.

Joe, since it is involuntary I don't consider the distinction important.

Tim



To: Joe NYC who wrote (125456)10/6/2000 11:51:27 AM
From: Daniel Schuh  Read Replies (1) | Respond to of 1570270
 
You think employer contributions don't count as taxes? That's your prerogative, I guess. The year 2000 figures I have in front of me say 34% social insurance payroll taxes, 48% individual income taxes. I was recalling older figures, in 96, it was 32% social insurance payroll taxes, 39% individual income taxes, but I guess the trend is going the other way.


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