Well, yes: you have to pay for it somehow.
> So it really depends if the increase is progressive.
My point is that it is progressive today, and almost all of the changes in recent history -- AMT, the 2% Schedule A phaseouts, EITC, etc. -- have been progressive. The only ones that haven't been have been the changes to the capital gains rate.
Right, Max?
> Right now, 50% of SS tax is paid by employers.
Well, it's more than 50% these days because of the 2% break employees are getting.
> If they include it in the general budget, it will get the
> employers off the hook, no?
The net result would be an increase in taxable income for the employers, so I'm not sure that's a big deal.
/jordan