[Hugh R]

Just a concept. Market clearing price equals what your boss pays to hire you, this includes your salary, plus all the Bill mentioned above including ss tax (the employers side) + medicare+medical insurance+ retirement (if paid) +anything else they pay. And here's a jolt, you paid the employer side of social security, not your employer.... why you ask? because its part of your employers cost of hiring YOU. Again, take econ 101, if you don't believe me. Since its part of the market clearing price of employing you the employers side of SS is part of what it cost him to hire YOU.