If you income is above 97,500, you still need to pay social security tax of 97500*6.2%. Only the portion above 97500 is free from SS tax.
If your income is above 1M, you will find current tax law freindly.
If your income is below 50K, you will think alike.
However, it is the middle class who are being milked.
Weiran's Recycle Bin 
???
If you income is above 97,500, you still need to pay social security tax of 97500*6.2%. Only the portion above 97500 is free from SS tax.
If your income is above 1M, you will find current tax law freindly.
If your income is below 50K, you will think alike.
However, it is the middle class who are being milked.