No. of Recommendations: 0
"Yes, it means they recommended increases in the FICA schedule which you can clearly see in the link you provided earlier.

And like I said earlier, those changes you referenced are moving up the rate increases for years 1984,1988,1989. And the acceleration of the rate increase for those years was a move from 5.7 to 6.0.

here it is.
"Revise tax-rate schedule" It does NOT initiate new payroll taxes. It says revise i.e. accelerate increases for the 3 specific year already outlined.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.