Ahem!
"we can't keep taxing our small business owners and Job-creators, if we do, they can't create jobs and this country needs jobs! We're all in this together and all need to share the sacrifice, Look, the President is a Muslim who reads a teleprompter, he's a socialist who just doesn't understand this country and we just can't let him tax incomes over $250K a year at this critical time. As for the payroll tax? If we make these job creators pay more money to this bloated gov't, they'll just shed more jobs. It's time for people to pay for themselves and
stop getting this free-tax ride! We tried this idea of Obama's and it didn't work, we need to go back to what works in this country!"
ekg (R)FL
i'm sorry...to you, who is it thats getting the free ride ?...2 options
the afluent...or the burdens benefiting from the tax payer tit ?
i did not click howies links...just going by whats in text...including what he quoted from source...
i absorded what was written formulated a few questions...and went searching
http://www.irs.gov/newsroom/article/0,,id=232590,00.htmlhttp://www.irs.gov/pub/newsroom/notice_1036.pdffound these two irs links above....click em or not...i'll paraphrase
i think the general rule has been or is the employer matches the employee for social securty witholding...not sure about the medicad/care paert
but i don't think the employer matches on that one...but...
they are saying the percentage rate the employee pays in is reduced...calls it a two percentage point payroll tax cut for
employeesthat is not a break for the employer !!!
thats doesn't fatten the pockets of those that produce jobs !!!!...it does put a lil extra in the pay check...and since the employer gets a pay check
technically...he's making more money...but come the fuck on...who bullshitting who here...
while there are leeches sucking off the tit...those that work for a pay check are paying their share...
http://www.irs.gov/pub/irs-pdf/f1040sse.pdf5 Self-employment tax. If the amount on line 4 is:
• $106,800 or less, multiply line 4 by 15.3% (.153). Enter the result here and on Form 1040, line 56,
or Form 1040NR, line 54
• More than $106,800, multiply line 4 by 2.9% (.029). Then, add $13,243.20 to the result.
Enter the total here and on Form 1040, line 56, or Form 1040NR, line 54
000,000----106,800------ .153
106,801----999,999------ .029
thats 12 plus cents saved per dollar above 106,800
nice fucking break yo...
percentage wise per dollar on average the old working joe sure is paying more of his dollars
into the system...wouldn't ya say...
i don't mind incentive...but damn !!!...i hate to run the numbers on how many american make less than 106,800...
a year...let us have a nickle back up to 200,000 ?...from .029 up to .079 ? too much...idk...but damn
i'm sure it help...and seem a lil more fair...
i know...i linked and quoted the self employement numbers and not the employers witholding pdf...
but its the same in general...with the difference i mentioned above...
