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

To: RetiredNow who wrote (213553)	12/18/2004 8:05:15 PM
From: Amy J	Read Replies (1) \| Respond to of 1576340

RE: "eliminating the social security cap. " I totally agree. Everyone I know hits the tax cap around the summer time. It really wouldn't be noticeable if they removed the tax cap. But only in exchange for making the SS cap $4k, rather than $1k. That would be a fair exchange. But removing the SS tax cap, while imposing a $1k savings cap, would be draconian. My vote (and I bet most people on this thread would agree, and probably most here hit the SS cap), would be to remove the SS tax cap, while allowing $4k/year to be saved rather than only $1k/year. Regards, Amy J