On Jun 30, 3:21*pm, "Mike" wrote:
"Robert M. Gary" wrote in ...





On Jun 30, 2:37 pm, "Steven P. McNicoll"
wrote:
Mike wrote:

I guess your reading comprehension skills aren't all that great. Obama
proposes raising the SS maximum income level, which is
currently $102,000 which affects less than 5% of the population. The
payroll tax rate would remain the same. And you claim to be an
economic expert?

Seems to me if a larger income level is subject to the same tax rate a
higher net tax is the result. Do you disagree?

Yea, I'm waiting to hear how he explains to me that more money coming
out of my check and going into the SS system is not a tax increase.
Perhaps he should be running for office.

I'm still waiting for you to explain your statement, Mr. economic expert.
Here it is again:

"Me too but the point is that Obama has pre-announced that the payroll
tax we are paying will increase."

So first you say "we" and now you say "my". *So which is it?

Who is this "we" you speak of?

Anyone who makes ore than the current limit of $97,500/yr. Again, how
is more money coming out of my check and going into SS not a tax
increase? I'm really interested in the logic here.

-Robert