Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - can someone explain taxes/budget/expenses

Chesapeake Bill · 02-15-2011, 01:22 PM

Jimmy,

What I fail to understand is how, in the midst of all this talk about cutting spending, the government decided to reduce the FICA by 2% and leave the cap in place. If they wanted to do something to ease the pain they would have left the FICA at 6.2% and removed the cap. I'm willing to continue giving my 2% if it helps.

02-15-2011, 01:22 PM	#5
Chesapeake Bill Registered User Join Date: Oct 2010 Posts: 204	Jimmy, What I fail to understand is how, in the midst of all this talk about cutting spending, the government decided to reduce the FICA by 2% and leave the cap in place. If they wanted to do something to ease the pain they would have left the FICA at 6.2% and removed the cap. I'm willing to continue giving my 2% if it helps.