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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:14 AM Original message |
Have you ever asked someone in real life who makes +$100,000 per year about raising the FICA cap? |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:24 AM Response to Original message |
1. We reach the FICA cap in the 4th quarter.... |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:28 AM Response to Reply #1 |
7. Yea, I hit the cap a few months early a couple times before I retired too |
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scheming daemons (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:24 AM Response to Original message |
2. I make 104,000.... i have no problem eliminating the cap. |
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CBGLuthier (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:24 AM Response to Original message |
3. It takes a very mature human being to want to pay more taxes personally |
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Skink (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:35 AM Response to Reply #3 |
13. Keep it in place for employers on every paycheck and exempt the citizen. |
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AngryAmish (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:58 AM Response to Reply #13 |
18. As an employer, you look at total compensation, not the net to the employee |
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Skink (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 10:20 PM Response to Reply #18 |
27. I thought about that later and... |
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greymattermom (680 posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:25 AM Response to Original message |
4. raise the cap |
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mod mom (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:27 AM Response to Original message |
5. Our income is over that amount and have no problem ELIMINATING the FICA cap. |
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FSogol (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:29 AM Response to Reply #5 |
8. Same here. n/t |
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mod mom (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:58 AM Response to Reply #5 |
19. I wonder what would happen if the 1st 10,000 was exempt and the rest taxed. |
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Kber (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:28 AM Response to Original message |
6. FWIW, my step-father makes significantly more than that and he's 100% in favor |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:30 AM Response to Reply #6 |
9. That is encouraging to hear |
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Kber (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 11:44 AM Response to Reply #9 |
23. May not be able to clone him |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:30 AM Response to Original message |
10. That might be an interesting thing to bring up |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:32 AM Response to Original message |
11. FICA should be applied to ALL income.. wages and otherwise |
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woodsprite (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:32 AM Response to Original message |
12. Hubby makes over 100K and he thinks it's stupid that the whole amt isn't taxed. n/t |
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sfpcjock (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:41 AM Response to Original message |
14. The actual rub will be from people earning $1 million plus, undoubtedly. |
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Bluenorthwest (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 10:02 AM Response to Reply #14 |
20. The max for a 2011 retirement is $2, 366 per month |
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sfpcjock (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 11:49 AM Response to Reply #20 |
24. Good point. Thanks for the numbers. |
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FreeJoe (331 posts) Send PM | Profile | Ignore | Wed Aug-31-11 12:22 PM Response to Reply #20 |
25. I typically hit the cap in Mar/April |
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wiggs (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:43 AM Response to Original message |
15. don't forget, when we talk about raising tax rates or |
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Bluenorthwest (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:46 AM Response to Original message |
16. For much of my career, I hovered at and around the cap |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 09:54 AM Response to Original message |
17. Mustn't ask the rich to pay the same amount as the rest of us--might ANGER them! |
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DURHAM D (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 10:03 AM Response to Original message |
21. I have gone over the cap and would not mind paying more taxes. |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 10:20 AM Response to Original message |
22. I consistently hit the cap for over 25 years and have no problem eliminating it. |
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ItNerd4life (1000+ posts) Send PM | Profile | Ignore | Wed Aug-31-11 12:43 PM Response to Original message |
26. Democrats will say 'sure'. Republicans will say 'no way in hell'. nt |
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