Of course they do pay a payroll tax on their gross earnings, not on net earnings, on gross earnings up to a ceiling of about $86,000. And for the lower- and moderate-income people, that payroll tax which essentially is about 16 percent when you include the employer's share is a big percentage of their income.
Discussing the impact of payroll taxes on lower- and moderate-income individuals.
Share
More from John Spratt
I was a member of Congress and served on the House Armed Services Committee, when the ``Don't Ask, Don't Tell'' policy was adopted. It was a clever solution, but the policy and its consequences deserve an updated review. The Secretary of…
All of these have contracts for ultimate waste disposal with the federal government?
I think it is a bit irresponsible to at least articulate to the American people, to the Congress, why you think we need a new policy direction.
Other voices in this conversation
