Impeding changes to our Health Care system

Clodfobble · 09-22-2009, 01:29 PM

It's like this: each dollar is FICA-taxed at 6%, up until you hit $100,000. Each dollar you are handed after that is not taxed. So if you make $100,000 a year, you are taxed $6,000. If you make $100,001 a year, you are still taxed $6,000.

Under Redux's suggested plan, that person making $100,001 per year would now be taxed $6,000.06, an extra six cents than he was before. For someone making $150,000, they would currently be taxed $6,000, just like the guy who makes $100,000. Under Redux's suggested plan, the guy making $150K would now be taxed a total of $9,000.

09-22-2009, 01:29 PM	#11
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	It's like this: each dollar is FICA-taxed at 6%, up until you hit $100,000. Each dollar you are handed after that is not taxed. So if you make $100,000 a year, you are taxed $6,000. If you make $100,001 a year, you are still taxed $6,000. Under Redux's suggested plan, that person making $100,001 per year would now be taxed $6,000.06, an extra six cents than he was before. For someone making $150,000, they would currently be taxed $6,000, just like the guy who makes $100,000. Under Redux's suggested plan, the guy making $150K would now be taxed a total of $9,000. __________________ My book My other book My spirit animal

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