Another tax idea fails…LA blows it again

[Tom]

Domino effect. Jobs higher up the wage ladder also have to go up.
Your shift supervisors who were making $20 an hour have to go to $25 or $30.

[JustRalph]

Originally Posted by wisconsin

Most people are not aware that employers must match the 7.65% FICA withholding by law, which means the business owners are really paying $21.53 per hour to these workers. How is this sustainable?

Thank you…..don’t forget the unemployment tax too

That can range from 1.2% to 4% of total payroll.

[Inner Dirt]

Originally Posted by Inner Dirt

Doesn't everybody get a social security tax statement that shows your contribution and in the printing says the employer matches it? Or do they only send those out when you reach a certain age?

Originally Posted by Tom

https://www.ssa.gov/myaccount/?gad_s...hoCTUwQAvD_BwE



Set up your account and you can access them anytime.

Are you claiming I signed up freaking decades ago and forgot? I won't contest that. I thought they started sending those out automatically.

[Tom]

No, I'm saying set up an account.

I got the before I did, maybe every year?
But when I signed up, I see I have instant access to all my SS docs.

[Inner Dirt]

Originally Posted by Tom

No, I'm saying set up an account.

I got the before I did, maybe every year?
But when I signed up, I see I have instant access to all my SS docs.

I already signed up.

[JustRalph]

Originally Posted by Tom

No, I'm saying set up an account.

I got the before I did, maybe every year?
But when I signed up, I see I have instant access to all my SS docs.

And it actually works!