Fica Taxes News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Fica taxes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Fica Taxes Today - Breaking & Trending Today
Employer but employee. if you raise taxes, fica taxes, payroll taxes. means more tax revenue goes into the pocket of uncle sam and less into the business. while i think it would be good to do that, i think it is more detrimental to raise the minimum wage. jon: uncle sam has a vested interest in raising the minimum wage? of course he does. the reason why this is going to be a political issue, you will have democrats that want to raise taxes. they re going to make it more about the rich versus poor there was a study says if you raise minimum wage, more people will be above the poverty line than more than under the policy line. 6% of the people would be above the poverty line. what they do not tell you, jon, if you raise minimum wage that creates more burden on employer. if you create more burden on the employer, that is less profitability and less growth and could mean job loss and hiring freeze. jon: permit me my own example. ....
Keystone pipeline. it might be a way for the administration to finally say okay. we can see the benefit of $127 billion a year. 552,000 jobs annually. then you see all the money coming in the treasury, that is real money. we have don t have to talk about whether or not $85 billion is real cuts or fake cuts. bob: the real income for americans fell 3.6% in january. one, the vacation from fica taxes, social security and medicare has come back on. the other thing, a lot of big wall street firms gave their bonusebonuses in 12 opposed to. with that, consumer spent more money the month before. housing starts rup. there is a growth dana: we are going to talk about this in the c block and have a debate about it. greg: did a reverse one more thing. eric: things are getting better. things are getting better in spite of president obama not because of him. quickly, think about this for one second. ....
Preliminary findings about the keystone pipeline. it might be a way for the administration to finally say okay. we can see the benefit of $127 billion a year. 552,000 jobs annually. then you see all the money coming in the treasury, that is real money. we have don t have to talk about whether or not $85 billion is real cuts or fake cuts. bob: the real income for americans fell 3.6% in january. one, the vacation from fica taxes, social security and medicare has come back on. the other thing, a lot of big wall street firms gave their bonusebonuses in 12 opposed to. with that, consumer spent more money the month before. housing starts rup. there is a growth dana: we are going to talk about this in the c block and have a debate about it. greg: did a reverse one more thing. eric: things are getting better. things are getting better in spite of president obama not because of him. quickly, think about this for one second. ....
Saying this calling this a a tax increase if they let it lapse. you didn t hear many democrats talking about it. i think the main reason that they they don t want fica taxes to get so low that people get used to paying an amount that can t fund the social security trust fund. it s odd because of all the things we discussed in the fiscal cliff. yeah. most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they no one talked about it. few were talking about it. they were just trying to get to a deal as you re saying there now, dave. now we re seeing this real impact on the paychecks, might there be political backlash from voters for the president or for republicans on this. i almost said the beauty. kind of using the word ironically. the beauty of this issue like this where neither party advocated for it. neither party thinks they can be blamed. hurt ....
$2,307.69. subtract federal withholding taxes, medicare and state taxes and then look at fica. that s the fee to help pay for social security. this person would have paid $96.93 in december. but now look at that same person s new paycheck in january. gross pay the same and the medicare and state taxes but fica taxes up to $143.08. that s a hit to the wag let, grocery money or a tank of gas every two weeks, real money for real people in this tough economy. to your point, real money to real people and i think people didn t realize it. this deal reached at the 11th hour. the middle of the night it seems always with congress to come up with something and then they get the paycheck. take a look at it and don t quite get what happened there to them. right. i mean, you have to look at every line item on the paycheck to see what happened to you. ....