50/50

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Post #342,164 by Steve Lowe 5/2/11 12:14:12 PM Reply	50/50 50% paid by employee, 50% paid by employer. http://money.cnn.com...sson18/index4.htm
Post #342,167 by S1mon_Jester 5/2/11 1:06:03 PM Reply	Re: 50/50 That's why I said 15% more.... It's paid by the company...but in theory, the employee would be paid those fund if the company didn't pay them to the government. (According to those who wanted Social Security to disappear)

exxonmobile 10.7 billion broken out - (boxley) - (38) - May 2, 2011, 11:11:22 AM EDT

Um, so they count FICA, etc., as taxes paid??? -NT - (Another Scott) - (37) - May 2, 2011, 11:14:52 AM EDT

They can because they do - (beepster) - (31) - May 2, 2011, 11:59:25 AM EDT

Interesting - (S1mon_Jester) - (2) - May 2, 2011, 12:07:27 PM EDT

50/50 - (Steve Lowe) - (1) - May 2, 2011, 12:14:12 PM EDT

Re: 50/50 - (S1mon_Jester) - May 2, 2011, 01:06:03 PM EDT

Is FICA a tax on their profits? No, it isn't. - (Another Scott) - (27) - May 2, 2011, 02:32:18 PM EDT

So are you - (beepster) - (13) - May 2, 2011, 02:48:37 PM EDT

The topic is Exxon's earnings and taxes on same. HTH. -NT - (Another Scott) - (12) - May 2, 2011, 03:07:26 PM EDT

Really? Cause I read in Box's post.... - (beepster) - (11) - May 2, 2011, 03:53:00 PM EDT

It has nothing to do with how much tax they pay on earnings. - (Another Scott) - (10) - May 2, 2011, 04:18:58 PM EDT

Why not? - (beepster) - (9) - May 2, 2011, 04:54:02 PM EDT

You need to review the definition of "earnings", I think. -NT - (Another Scott) - (8) - May 2, 2011, 05:21:04 PM EDT

I don't think so... - (beepster) - (7) - May 2, 2011, 05:24:54 PM EDT

Heh... - (Another Scott) - (6) - May 2, 2011, 05:45:04 PM EDT

Ah, I see.. - (beepster) - (5) - May 2, 2011, 05:53:59 PM EDT

Riddle me this, Batman. - (Another Scott) - (4) - May 2, 2011, 06:10:54 PM EDT

And my other point.... - (beepster) - (3) - May 2, 2011, 07:14:46 PM EDT

The thread's not big enough to handle all of them... ;-) -NT - (Another Scott) - May 2, 2011, 08:03:46 PM EDT

I'll vilify them just as much as the Oil Companies. - (folkert) - (1) - May 2, 2011, 09:34:57 PM EDT

Beep's a big Bernie Sanders supporter, donchaknow. - (Another Scott) - May 2, 2011, 11:22:18 PM EDT

yes it is - (boxley) - (12) - May 2, 2011, 08:45:56 PM EDT

No it isn't. - (Another Scott) - (11) - May 2, 2011, 09:46:56 PM EDT

FICA - (beepster) - (4) - May 2, 2011, 10:23:41 PM EDT

;-) - (Another Scott) - (3) - May 2, 2011, 10:28:31 PM EDT

Re: ;-) - (beepster) - (2) - May 2, 2011, 10:35:17 PM EDT

... -NT - (Another Scott) - (1) - May 2, 2011, 10:40:32 PM EDT

Re: ... - (beepster) - May 2, 2011, 10:48:51 PM EDT

feds dont take out fica for their employeees they are exempt - (boxley) - (5) - May 3, 2011, 07:28:50 AM EDT

You're wrong about that, too. - (Another Scott) - (4) - May 3, 2011, 07:36:32 AM EDT

Only because he stated an absolute.. - (beepster) - (3) - May 3, 2011, 08:52:09 AM EDT

No, he was wrong because he was wrong. HTH. -NT - (Another Scott) - (2) - May 3, 2011, 10:02:21 AM EDT

Forgive us for being old... - (beepster) - (1) - May 3, 2011, 10:31:15 AM EDT

:-) I'm getting up there too. -NT - (Another Scott) - May 3, 2011, 11:19:10 AM EDT

is it a tax? Yeah because you cant opt out as a company -NT - (boxley) - (4) - May 2, 2011, 12:31:26 PM EDT

Not sure that's true - (S1mon_Jester) - (3) - May 2, 2011, 01:14:54 PM EDT

rare corner case for a very few employers - (boxley) - (2) - May 2, 2011, 01:21:08 PM EDT

Ahem...didn't argue that it wasn't rare. - (S1mon_Jester) - (1) - May 2, 2011, 01:23:01 PM EDT

Dunno if they do now, but ... - (mmoffitt) - May 2, 2011, 02:05:01 PM EDT

My, we are a grumpy bastard.
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