The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Higher Medicare premiums for Top 25%||Date: 4/14/2013 7:40 PM|
|Author: 0x6a74||Number: 72030 of 76882|
the original claim was for that specific Employee... charts and averages just don't apply.
Actually the original claim was "every employer."
OK...... i just read it differently .....
Number: 71983 of 72029
Fact: <I and my employers paid in over $65,000 to Medicare since 1966. If one calculates the time value of that money until today, I could have purchased private insurance superior to Medicare at age 65...and still had plenty to give to numerous charities.
But just for the sake of argument, let's say that he really is that skilled. Tom Brady makes $11,400,000 million per year. FICA taxes are 6.2% up to $113,700 or $7050 in his case.
Is the argument really that absent FICA his contract would have been $11,407,050 because management would not be able to afford that extra little bit?
that's how i read the argument......
or maybe that ,absent FICA, he could have easily got $7050 more if he asked.
perhaps silly re a TomBrady.
but not so silly for someone making $214,000 with several employers interested
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|