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Old 04-29-2007, 03:40 PM   #22 (permalink)
duncanmac
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Quote:
Originally Posted by billybobama View Post
Eagle Head are you a spammer. Everytime I prove you a liar my posts are blocked. Okay I will try again. Your first lie. Anybody who pays FICA Taxes is paying Federal Taxes. Every penny of FICA Taxes is used to run the Federal Government. Now that I have identified your original lie your whole premise falls apart.
FICA=Social Security and Medicare contributions.Yes,they are a tax.But this tax is supposed to be separate to fund SS & MediCare, not part of the general fund to run the govt. Just because the politicians have raided the fund and put in IOU's does not change the premise of this tax (it is supposed to be like a retirement fund).
What sgtdmksi is pointing out is the federal tax owed is $0.00 for these people.
So,no he is not a liar,you are not telling the entire story,just enough to make it seem like he is.
And just for general info,this tax is also matched by your employer,so you only pay 50% of the total.

Last edited by duncanmac; 04-29-2007 at 03:43 PM.