Thread: Social Security
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Hugh R Hugh R is offline
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Join Date: May 2003
Location: southern California
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Quote:
Originally Posted by Tobra View Post
Hugh, unless you have always been self employed, you kick down 7.65% and your employer kicks in the same,
Not in reality, that's the myth that the SS Admin wants you to buy into. The cost of employing you is the market clearing priice, including what your employer must pay for the employers social security tax. hence, your really paying the employers share as well.
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Hugh
Old 02-06-2008, 04:03 PM
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