Commanders Post at The Warpath - View Single Post - New President Won't Have an Easy Time Paying for New Initiatives, Fiscal Experts Say

firstdown · 06-23-2008, 12:41 PM

On SS he wants to make a % available for people to set up private accounts if they choose to. He also thinks that we may have to increase the salery cap for SS. Right now we pay SS tax on income of $102,000 (that may be off by a little) and any income over that is not subject to the SS tax.

06-23-2008, 12:41 PM	#27
firstdown Living Legend Join Date: Oct 2004 Location: chesapeake, va Age: 61 Posts: 15,817	Re: New President Won't Have an Easy Time Paying for New Initiatives, Fiscal Experts Say On SS he wants to make a % available for people to set up private accounts if they choose to. He also thinks that we may have to increase the salery cap for SS. Right now we pay SS tax on income of $102,000 (that may be off by a little) and any income over that is not subject to the SS tax.