Thread: Wow, not one thread on the 47% increase in Payroll Social Security Tax
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Old 01-08-2013, 08:28 PM  
L-Pink
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Join Date: Mar 2005
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Quote:
Originally Posted by SAC View Post
the employer doesnt pay shit on their employees behalf FICA is factored into employees wage/salary. basically all working slaves pay 15% flat tax to the govt on first $113,700
Actually the employer matches all FICA payroll deductions of employees. The full amount is only paid by self employed.

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