ARE YOU PREPARED FOR 2013 FICA CHANGES?

Aside from today’s latest Fed tinkering by enacting QE3 at the expense of savers and potentially throwing further fuel onto the inflationary fires down the road (yay for all you readers holding gold today though!), you can rest assured that by the end of the year, we will see further changes to the current FICA tax limits and rates.  The FICA income cap itself is set automatically by the so-called government inflation measures (although many politicians are calling for an increase to that cap to soak the rich more), but from a rate standpoint, we’re currently enjoying a so-called “payroll tax holiday” which may be further mutated as a result of political pandering come election season.  Since the FICA tax rate and the cap have a direct impact on most working Americans, it’s definitely worth keeping an eye on.

Find out what’s in store for Next Year’s FICA Limits and Rates.

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11 Comments
Stan
Stan
September 13, 2012 5:18 pm

Whatever we have to pay in FICA if will be fair and just. Obama will make sure of it. The Leader loves us!!!

Stan
Stan
September 13, 2012 5:24 pm

If you care anything about our country . If you care about your family then you will vote for our savior , Barack Hussein Obama.

ecliptix543
ecliptix543
September 13, 2012 6:21 pm

Well, glad I don’t have one of those pesky jobs that require taxes! Ha! Take that, fucking IRS!!

Pirate Jo
Pirate Jo
September 13, 2012 7:08 pm

I’m fine with it, since I’ll get back what I paid in.

(Insert one of the Onion’s pictures of the interviewed person on the street here.)

DaveL
DaveL
September 13, 2012 7:56 pm

“Stan says:

If you care anything about our country . If you care about your family then you will vote for our savior , Barack Hussein Obama.”

Can we vote on the crucifixion thing too?

Buckhed
Buckhed
September 13, 2012 10:33 pm

I saw a preview of the 2014 1040 tax form

Line 1””How much did you make in 2014 ?

Line 2…”Send it in” !

Dragline
Dragline
September 13, 2012 11:07 pm

I would think you’d be happy to raise the FICA to make sure those 50% of the people not paying federal income taxes pay more. Or have to come around to the view that FICA is actually a federal tax?

And shouldn’t we be punishing the shitheads who paid the low FICA in the 60s and 70s? Why should those really old people be allowed to continue to take out more than they paid in?

We should get rid of FICA and impose a consumption tax instead. Or forget about socialist security altogether, but nobody seems to have the stomach for that when we start talking about their mom.

Llpoh
Llpoh
September 13, 2012 11:11 pm

Dragline – no one has the stomach, or balls, for anything. That is why the world is fucked.

DaveL
DaveL
September 13, 2012 11:31 pm

Is this the Federal Insert Cock Act?

Leobeer
Leobeer
September 13, 2012 11:44 pm

Subject: Nickels

A father walks into a restaurant with his young son…
He gives the young boy 3 nickels to play with to keep him occupied.

Suddenly, the boy starts choking, going blue in the face…
The father realizes the boy has swallowed the nickels and starts slapping him on the back..

The boy coughs up 2 of the nickels, but keeps choking. Looking at his son, the father is panicking, shouting for help.

A well-dressed, attractive, and serious looking woman in a blue business suit is sitting at the coffee bar reading a newspaper and sipping a cup of coffee. At the sound of the commotion, she looks up,
puts her coffee cup down, neatly folds the newspaper and places it on the counter, gets up from her seat and makes her way, unhurried, across the restaurant.

Reaching the boy, the woman carefully drops his pants; takes hold of the boy’s’ testicles and starts to squeeze and twist, gently at first and then ever so firmly…After a few seconds the boy convulses
violently and coughs up the last nickel, which the woman deftly catches in her free hand.

Releasing the boy’s testicles, the woman hands the nickel to the father and walks back to her seat at the coffee bar without saying a word..

As soon as he is sure that his son has suffered no ill effects, the father rushes over to the woman and starts thanking her saying, “I’ve never seen anybody do anything like that before, it was fantastic. Are
you a doctor? ”

“No” the woman replied. “I’m with the IRS”.