The donut is a reference regarding Obama's plan. Currently, you are paying 12.4% Social Security tax on your first 102k salary. Obama wants to add 2% SS tax on salary above 250k. Remember this is on top of the 2.9% Medicare tax, federal tax (ranges from 10%-35%), state tax (most states), city tax (some cities like New York), state unemployment tax, and disability tax (some states like California).
Love it. really well done.
rightarmofwyoming 2 years ago
LOL to the AARP boulder!
Alternate2GOP 3 years ago
nice video! Though I have to ask, what's with the donut?
NonCommente 3 years ago
The donut is a reference regarding Obama's plan. Currently, you are paying 12.4% Social Security tax on your first 102k salary. Obama wants to add 2% SS tax on salary above 250k. Remember this is on top of the 2.9% Medicare tax, federal tax (ranges from 10%-35%), state tax (most states), city tax (some cities like New York), state unemployment tax, and disability tax (some states like California).
Steusar 3 years ago 3
I see, thanks for the info.
NonCommente 3 years ago