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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (4261)2/26/2004 3:55:20 PM
From: brushwudRead Replies (1) | Respond to of 81568
 
Please show me how a worker pays out $15k.

A worker making around $100K pays 7.65% for SS & Medicare and his employer pays the same. (Actually the 6.4% SS part is capped at almost $100K and the Medicare portion goes on forever.) Self-employed workers pay both the employee & the employer parts, but for all workers, this represents a difference between what they cost and what they receive.


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