Understand, but they still pay it up to the $112K or whatever the cap is. I
agree this point should be about the income tax only, but you could argue similar for Medicare tax although there isn't the cap or inverse payout ratio there.
Regardless, the "rich man" is certainly paying more than their "fair share" already, for which I thank them. So to argue their not getting screwed quite as hard going forward is just a "give away" to the rich is patently absurd. Not to mention that the drop to a 37% rate was just intended as an offset for all the previous whining about how folks were getting screwed by the loss of SALT deduction. So either way, the only thing assured is there will be whining and disingenuous criticism.
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In response to this post by BocaHoo91)
Posted: 12/13/2017 at 4:28PM