And rightfully so! I am very confident though that a vast majority of Americans that have employers and SS/Medicare deductions don't know the half of it!
And this is the half of it. Are you uninformed people that complain about SS/Medicare deductions aware that your employer also pays the same percentage as you do, for your SS/Medicare?
Yup today 6.2% of your paycheck goes to SS/Medicare AND here is the part most of you don't know...
that instead of your employer giving you a 6.2% raise, the employer ALSO PAYS SS/Medicare 6.2% of your gross pay to the government.
Now think about this....
What if SS/Medicare said to you... we'll continue to deduct 13.4% for SS/Medicare... BUT you tell us where to put it!
What this would mean to the an average American I'll cover in further responses to this post.
Now before you idiots jump in and say most Americans don't have financial sense to make investment decisions... it doesn't take any brains to put money in a savings account!
You're posting all of this like you just learned it today.
That 6.2% is in addition to the amount your employer pays for your health insurance premiums on group plans.
Gee, in Canada, employers only contribute 2% of payroll as a health insurance tax, and the employees contribute $25 per month. Addmittedly our 4.9% Canada Pension Plan tax combined with employer health tax is close to 7% in employer taxes, but the maximum CPP tax is $2,748, regardless of income, but our employers pay nothing additional for our universal health insurance coverage, which means they're way ahead, and we all pay $0 in copays for doctor visits or hospital care, including surgery.
In fact, Canada's universal health insurance gives Canadian employers such a low cost rate for employee health coverage that the USA has consistely tried to have it declared an "unfair advantage" in NAFTA negotiations.
Americans are paying 0.8% less in taxes, and $14,000 per person for health insurance and thousands in copays on top of that, and your life expectancy is declining, and 15 million people have covid.
Tell me again about your "best health care system" in the world, because that sounds like some sales campaign the Republican Party has going on to sell you on private health care insurance, that adds 25% administration costs that buys you nothing.