No. of Recommendations: 2
Currently, someone earning $160,000 per year stops paying FICA taxes and it kicks back in around $400k.
https://www.cnbc.com/2023/03/09/biden-budget-calls....
President Biden wants to make people earning over 400k - pay into FICA at those levels.
Then let's go to the Vanity Posters for upper income White Professionals who are greedy and hate to admit it: Liz Warren and Bernie Sanders. They want people over $250k income - to start contributing FICA at that level.
But why not people over $160,000? Someone making $200,000.....under Lizzy and Bernie's plan - would be NO Fica tax on 20% of their income.
While the poor single mom making $40k - has to pay FICA on 100% of her income.
Democrats: Of, by, and for the white and the upper income.
They are for immigrants - but only the ones that would work for them - not challenge them.