Posted by
Contrarian Guitarist on Friday, June 13, 2008 6:13:20 PM
...and lay off my employees, until next year. Because if I make over $250,000 I'll have to pay 12.4% more in taxes. That's both shares of the payroll taxes, the responsibility of one who is self-employed. That is if BHO
gets his way.
That's a 38% tax increase for everyone making over 250K!!! What will they get for that? $1200 a month after age 67? Please! Anyone making that kind of money during their career won't qualify for social security anyway because they were probably smart and set up a KEOUGH, an IRA, a SEP-IRA, a Roth-IRA and other personal saving vehicles.
Bring families together again... get rid of social security! Then Grampa can't say "I don't need to be nice to my kids I've got social security"anymore.