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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?


To: Dwight E. Karlsen who wrote (10474)10/21/1998 8:41:00 AM
From: DMaA  Read Replies (1) | Respond to of 67261
 
Here's the real plan to save SS. Chalk up another lie to the boy. Ever cent of the surplus will go to save SS.

WSJ:

HIGHER PAYROLL TAXES will hit many workers next year.

Millions of employees will owe as much as $260.40 in additional taxes next year, a 6% increase, says Avram L. Sacks of CCH Inc., a Riverwoods, Ill., publisher of tax, pension and business-law information. That's because of an increase in the wage base on which Social Security taxes are due. The base, tied to a government formula, will rise to $72,600 from $68,400 in 1998, CCH says.

Many self-employed workers may owe as much as $520.80 in additional self-employment tax, CCH says. But they can recoup some of that with a deduction on their federal returns. Mary B. Hevener, a tax lawyer at Weil Gotshal & Manges in Washington, says many companies and workers are "amazed" that payroll taxes will rise so much faster than inflation.

"Anytime taxes increase faster than wages is a bad day for workers," Ms. Hevener says.




To: Dwight E. Karlsen who wrote (10474)10/21/1998 11:55:00 AM
From: Daniel Schuh  Read Replies (1) | Respond to of 67261
 
Don't bother citing the desire of pro-life Republicans to help a fetus survive your womb, because you could work while pregnant, then take a three weeks of vacation in the weeks prior to the birth of the baby, after which the baby would be given over to loving adoptive parents.

Want to run the numbers on that one, Dwight? Compare number of abortions to number of adoptions? Aside from the fact that if the baby happens to not be a healthy white kid, it would probably have a hard enough time getting adopted even in the current situation?

If there weren't enough adoptive parents, there's always Newt's old fallback of orphanages. Oops, talk about that one quieted down quick when it was pointed out how much that healthy Boy's Town environment cost per child.