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


To: Joe NYC who wrote (180663)1/18/2004 9:22:21 PM
From: Amy J  Read Replies (1) | Respond to of 1572194
 
Jozef, RE: "You are suggesting that Social Security"

I'm suggesting the caps on FICA aren't really needed. Once a salary gets over 80k, I don't think people even notice FICA.

I personally think it's a bit disgusting there's a cap on FICA. We pay a smaller percent of FICA (as a total of gross) than a clerk earning only $25k.

RE: "One of the great advocates of Social Security, late Senator Daniel Patrick Moynihan of New York always said that liberals should resist this very urge of theirs, because that would be the end of Social Security. It would lose support of middle class, and would quickly be disposed of."

Good point. I'll back off from the "if anything" comment.

Regards,
Amy J