re: Payroll Tax Should Be Eliminated Permanetly

What you don’t understand is your employer pays a match on your SS and Med. So if you have $1000 withheld from your check annually in SS and Med the employer redeems that $1000 on your behalf to the IRS, and then pays a Tax (Added expense) of $1000 for a total redemption of $2000.00. That’s just you as well for your other teachers there could be 50 of them with comparable salaries so the employer redeems $50,000 to IRS and then pays an additional $50,000 for a tax, so that’s a total of $100,000.00. I think the employer could give you a fat pay raise if they didn’t have to pay a tax. Or you could save the money on your own, and not worry about uncle same giving it to you after 62 or whatever the age is. Hell you might not even live to 62 before you see those payments!