[Info-vax] HP stopping VMS paper documentation ?

Kenneth Fairfield ken.fairfield at gmail.com
Mon Dec 12 11:53:13 EST 2011


On Friday, December 9, 2011 6:50:17 PM UTC-8, AEF wrote:
> On Dec 9, 10:54 am, Kenneth Fairfield <ken.fa... at gmail.com> wrote:
[...]
> > BTW, I agree with the gist of George's follow-up: the "temporary" reduction in SSI tax is not a good idea.  For one thing, it makes its financials look worse, and therefore lends credence to the <false> claims by the right that this an "entitlement", e.g., "welfare", program.  OTOH, eliminating the cap solves all its solvency (real or imagined) problems well beyond the foreseeable future.
> 
> Wait a minute. Didn't you just pooh-pooh eliminating the cap just one
> short paragraph above? Which do you advocate? Elimination or not?

It occurred to me after by last post that there may be a misunderstanding of what "eliminating the cap" means.

The current situation is that earned income is subject to SSI tax (one of several "payroll taxes") on all income *up to* $106K.  Earned income in *excess* of $106K is *not* subject to SSI tax.  The "cap" being discussed is that *maximum* of earned income that is subject to SSI tax.  Eliminating that tax means that earned income in excess of $106K is *also* subject to SSI tax.  

So I see no inconsistency in my previous statements.  If you still think there is, please clarify.

   Thanks, Ken



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