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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (41200)10/20/2000 6:40:35 PM
From: chitral  Respond to of 77400
 
The payroll taxes (other than income taxes) don't go on forever, rather you reach a certain limit and then you stop paying those taxes. Thus for those lucky enough to make the big bucks the non-income tax payroll taxes become insignificant. I think the income limits are $46,327 for CA state disability insurance and $76,200 for Social Security, and you are not taxed for any income beyond these limits.

chitral@IhopeIamreadingmypaystubright.com


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