SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (44263)7/25/2010 12:27:57 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Re: "a lot of people don't realize that this additional tax is being imposed on them."

Oh... I donno about THAT!

(I, for one, always 'noticed' the size of that F.I.C.A. line on pay stubs. :-)


Sure you do. In fact I'd say many people do. But what your really paying is twice what it says on your paystub and most people don't realize that.

Once again (bolding the points you seemed to miss with your response about noticing the F.I.C.A line on your pay stubs)-

My problem with the "business side" of the payroll tax is that its incidence is essentially no different than the "employee side" but since it doesn't get listed as a deduction/payment on pay stubs, a lot of people don't realize that this additional tax is being imposed on them.