Showing 3 ideas for tag "tax"
(@split63) kudos icon +

Making Government Operations More Open

Taxation Awareness

If you performed the man on the street interview, and asked people any or all of the following, the results would be alarming:
1. How much did you pay in state and federal taxes last year?
2. Do you know what your state and/or federal tax rate/bracket is?
3. What percentage of your monthly pay goes to taxes?
4. What forms of taxation do your pay? (SS, Medicare, Fed Income, State,etc.))
The point is that most people... more »

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7 votes
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(@soldarith) kudos icon +

Making Government Operations More Open

Tax audit on all government officials

The IRS needs to perform a tax audit on all elected officials in this nation; all governors, all senators, all congressmen, all ranking administration officials.

All too often the public bears witness to a publicly-elected official or government-appointed official who is caught owing sums of money for back taxes to the IRS. No better example could sadly be made of this than the recent confirmation processes for a handful... more »

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73 votes
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(@clesiak) kudos icon +

Making Government Operations More Open

Shift employer portion of FIFA taxes to employees with an equal offset in wages

Employees and employers now each pay 6.2% of wages (up to the Social Security Wage Base) for Social Security and 1.45% of wages for Medicare. The proposal is that employees pay the entire amount of FICA taxes with a corresponding increase in wages so that take home pay is not changed.

Although currently the employee pays only half of the total, his labor must provide value to the employer to cover the employer's half... more »

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-39 votes
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