Quote:
Originally Posted by ronasch
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Iruinedyourday please quit lying. If u are mad about hedge fund managers go after them and leave the rest of us alone.
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Im sorry you were smart enough to use google but not smart enough to realise i was not as specific as I should ahve been when I was talking about SOCIAL SECURITY TAXES which to 99.9% of americans are VERY important.
For 2015, the maximum amount of taxable earnings for Social Security rises to $118,500 from $117,000 in 2014. In other words, an employee must pay 6.2% of any income up to $118,500 for 2015 = $7,347. But any dollar you make above $118,500 is free of the Social Security tax. Hence, a good goal for everyone is to make as much as they can over $118,500 as possible, right? - See more at:
http://www.financialsamurai.com/maxi....0U2e98lM.dpuf
Side note, nothing that bernie sanders will do, unless you are making over 250k a year will affect you besides providing you with a better quality of life.