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Edited on Sun Jan-09-05 07:52 PM by BlueInRed
Many others, including myself, reached the opposite conclusion based on the same facts. It is a matter of basic beliefs, assumptions and the spin you choose. It's just as fair as asking the 80K contributor to pay 4 times as much as the 20K contributor, as the 80K contributor doesn't get 4 times the SS benefit.
I think, as do many others, the wealthy are getting off way, way too easy on FICA taxes. If there is a cap, it should be a heck of a lot higher than 80K. Hard fact....LOL!
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