Reply #4: Did you catch this part of the plan? [View All]

[sad sally]

...full 6.2% employer contribution waived on the first $50 million net increase in a company's payroll - say what? Funding shortage on the horizon. Remember hearing just a week ago that the disability part of SS would be bankrupt by 2017? It's going to be sooner, I fear.


"Businesses would get the same 3.1-point reduction on taxes they pay on the first $5 million of their payroll, a limit that skews the benefit toward smaller firms. The full 6.2 percent employer contribution would be waived on the first $50 million net increase in a company’s payroll."