Name:   GoneFishin - Subject:   Martini and His Fake Post Date:   7/23/2020 8:45:48 AM

Rest assured, I fully understand how both SS and Medicare tax work. My wife was self employed and I did the filings myself. So, I am quite familiar with SS tax, the employers portion, and the business expense write off for the “employer’s”(other 50%) portion. No different than you using the 50% your company pays as a business expense.

“And the poorest pay exactly the same amount of tax on their earnings as someone making $1M per year up to whatever they earn.  So some construction worker that makes $25K per year pays exactly the same FICA on that $25K as the guy that makes $200K per year.”

They may pay the same percent but certainly not the same amount. The amount of FICA paid by the $25,000 construction worker in 2020 is $1.550 and the employer pays the same. The person earning $200,000 pays $8,537 and the employer pays the same (6.2% on first $137,000).

Martini Man, you need to think before you post so you don't look plain ignorant.  In your haste to try and make me look like an ignorant rude, you have shown yourself as someone who is either devoid of the actual facts or intentionally trying to post another Fake Post.

Now cheer up and Stay Safe. BTW...you look sharp with a mask.