Quote:
Originally Posted by L-Pink
For 30 years I paid a fortune to educate K-12. It's called property taxes. The last year I owned commercial property I paid over $25,000 for K-12 education and I never had children. Now I'm supposed to pay for the college education of others as well?
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That's because someone before you paid their property taxes for you to get an education.
As for "Capitalist" Korea, they have universal healthcare.
FICA taxes are 15 1/25%. 1/2 each paid by employer & employee. However they are capped at earnings of $117,000. Self employment the person is taxed the entire 15 1/2%, but the person gets to deduct 1/2 of the tax.