6,000 Guns And Explosives Stolen From Thai Army Barracks
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21
Republican big bill breaks promise on ending tax on soc. security but does something better
The "funds that were paid into the SS/Medicare" are taxes. -
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Report Beware of Tourist Scams: Bangkok Named Top Hotspot for Fraud
So first trip to Bangkok. -
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Anyone got a Deye 10kW inverter - thoughts and experience?
I think you are looking in a manual for a Deye inverter made for 24V battery. -
21
Republican big bill breaks promise on ending tax on soc. security but does something better
I think you need to read the details about FICA deductions a few more times. The money you contributed towards SS benefits (and Medicare) was not subjected to Federal income tax. Those funds have never been taxed. The amount of FICA taxes you paid were deducted from your wage/salary income and income tax was levied on the remainder after that deduction. If you were self-employed you paid 100% of the FICA taxes but if you earned a salary/wage you only paid 50% of FICA and your employer paid the other 50%. To make it 100% clear... if you earned $1000/week you paid about 75$ in FICA tax and so did your employer. You paid income tax on only (1000-75) 925$ and all of the $150 went into the SS and Medicare trust funds. I don't think federal income tax was charged on any of the funds that were paid into the SS/Medicare trust funds. When qualified contributors reached retirement age they receive Medicare and retirement benefits. Only the retirement benefits are taxed after some exemption and the marginal tax rate is never higher than 85% of the regular marginal income tax rate. -
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Report Cabinet Approves Measures to Shield Youths from E-Cigarettes
Measures for something that is forbidden??? Is it not wise first to make it legal with restrictions for youth and clear rules for sellers instead of this?? It is illegal but we make a public awareness campaign and educational initiatives for forbidden vapes... Are they doing that for drugs too?? I will never understand the thoughts of the people here -
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