Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
How much will it cost in taxes for someone who is single and self employed if the SS tax cap were lifted?
If they make just under 250K. Assume there are no more deductions over the 115K cap. Most will not have them that high. I need a real number since that is what Obama supports.
Not One liberal on here understands the tax code. Typical. No wonder they could care less how much someone else pays. it's $21,000 tax increase (15.2% self employed) for someone who already pays 30% (75,000) for a 100K tax bill. These people ARE Small Business. The same ones Obama claims to want to "help". Unbelievable how ignorant people are.
Not One liberal on here understands the tax code. Typical. No wonder they could care less how much someone else pays. it's $21,000 tax increase (15.2% self employed) for someone who already pays 30% (75,000) for a 100K tax bill. These people ARE Small Business. The same ones Obama claims to want to "help". Unbelievable how ignorant people are.
Not One liberal on here understands the tax code. Typical. No wonder they could care less how much someone else pays. it's $21,000 tax increase (15.2% self employed) for someone who already pays 30% (75,000) for a 100K tax bill. These people ARE Small Business. The same ones Obama claims to want to "help". Unbelievable how ignorant people are.
5 Answers
- Weise EnteLv 79 years ago
Considering that is far, far above what the average American makes, don't expect any sympathy.
But it will be more than double.
- Dave87gnLv 79 years ago
Its what most people..democrat and republican see as the solution for SS shortfalls..Obama is just one of many
