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OT - Social Security
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David Hall
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OT - Social Security
otforme (Charlie Self) wrote in message ...
George Cawthon writes:
The average guy would
really scream if he had to contribute 15.65% of his salary; 6.2% for
SS, 8% for CSRS, 1.45% for medicare.
Try self-employment. 15.3% for SS/medicare.
Charlie Self
"There is nothing wrong with America that cannot be cured with what is right in
America." William J. Clinton
http://hometown.aol.com/charliediy/m.../business.html
Everyone pays 15.3% FICA tax. It's just that they hide that fact from
those of us who collect paychecks by saying it is an "Employer" tax.
They can't hide it from the self employed who are both the "employer"
and the "employee".
Dave Hall
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