- Sep 19, 2011
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Shocking the ignorance of many people including some on this board as well as how many americans have NO idea that their employer MATCHES what the employee pays in Social Security, Medicare and that the EMPLOYER alone pays Federal Unemployment TAXES!!!
I've not seen any polls because I don't think people understand the importance that Americans UNDERSTAND that their employer ALSO pays for the employee's Social Security and Medicare!
I am assuming the AVERAGE American doesn't know that while THEY see 4.2% for SS and 1.45% for Medicare deducted from their check,
their employer adds 6.2% for SS and 1.45% for Medicare to the payments to the Federal Government!
AND I firmly believe that Obama shares THAT ignorance!
I mean for a person who in his OWN words.."Starting in January 2009, Obama and his aides promised repeatedly to "focus like a laser" on creating jobs."
HE HASnN'T because WHY would he be instead working to KILL JOBS????
If Obama and millions of Americans UNDERSTOOD their employers pay more for the employees SS and match payments for Medicare maybe they would comprehend the importance of GETTING MORE people employed!
SO I'm repeating again..
For every employee earning $40,000 a year in salary:
The Employer PAYS 7.65% of the $40,000 or $3,060 in payroll taxes ..
The Employee pays 5.65% or $2,260 in payroll taxes...
AND GUESS what Obama and millions of IGNORANT americans ALL OF THIS GOES INTO THE GENERAL FUND!!!
40% of Federal Tax Revenue comes from PAYROLL TAXES
42% individual income taxes
9% corporate taxes
6% other
3% Excise taxes...
What are the federal government's sources of revenue?
So again... IF Obama KNEW how important Payroll taxes are i.e. 40% coming from EMPLOYERS then Obama wouldn't be so anti-business making businesses the enemy the evil profit takers,... just as so many MILLIONS of totally ignorant AMericans consider "corporations" businesses... etc...
AND these idiots like Obama OBVIOUSLY don't know the old adage... Don't bite the hand that feeds you!
I've not seen any polls because I don't think people understand the importance that Americans UNDERSTAND that their employer ALSO pays for the employee's Social Security and Medicare!
I am assuming the AVERAGE American doesn't know that while THEY see 4.2% for SS and 1.45% for Medicare deducted from their check,
their employer adds 6.2% for SS and 1.45% for Medicare to the payments to the Federal Government!
AND I firmly believe that Obama shares THAT ignorance!
I mean for a person who in his OWN words.."Starting in January 2009, Obama and his aides promised repeatedly to "focus like a laser" on creating jobs."
HE HASnN'T because WHY would he be instead working to KILL JOBS????
If Obama and millions of Americans UNDERSTOOD their employers pay more for the employees SS and match payments for Medicare maybe they would comprehend the importance of GETTING MORE people employed!
SO I'm repeating again..
For every employee earning $40,000 a year in salary:
The Employer PAYS 7.65% of the $40,000 or $3,060 in payroll taxes ..
The Employee pays 5.65% or $2,260 in payroll taxes...
AND GUESS what Obama and millions of IGNORANT americans ALL OF THIS GOES INTO THE GENERAL FUND!!!
40% of Federal Tax Revenue comes from PAYROLL TAXES
42% individual income taxes
9% corporate taxes
6% other
3% Excise taxes...
What are the federal government's sources of revenue?
So again... IF Obama KNEW how important Payroll taxes are i.e. 40% coming from EMPLOYERS then Obama wouldn't be so anti-business making businesses the enemy the evil profit takers,... just as so many MILLIONS of totally ignorant AMericans consider "corporations" businesses... etc...
AND these idiots like Obama OBVIOUSLY don't know the old adage... Don't bite the hand that feeds you!