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Hey aren't they talking about raising the cap on Social Security and Medicare taxes too?
by fexl 15y ago
Hey aren't they talking about raising the cap on Social Security and Medicare taxes too?
- snikolic 15y agoYeah, it's way more complicated than this. SS, Medicare, payroll taxes, estate taxes, etc. are all part of the proposal. I just wanted to focus on income tax for this project - I think your average joe can most easily understand income taxes (and probably complains about them most often). Also, because there are only so many hours of my life I'm willing to spend deciphering tax law.