If the Federal Insurance Contributions Act is recognized for what it is, simply a tax on income, perhaps a change could be instituted.

Those payroll deductions are to be used exclusively for Social Security (Federal Insurance Contributions Act).

Reducing the Federal Insurance Contributions Act tax rates would increase consumption and reduce that savings by roughly the amount of the decrease.

Spriggs appears to support eliminating the cap on earnings subject to Federal Insurance Contributions Act taxes.

Federal Insurance Contributions Act tax (FICA)

Buckley has also called for a referendum on whether to increase Federal Insurance Contributions Act tax (FICA).

Social Security is funded through the Federal Insurance Contributions Act tax (FICA), a payroll tax.

The method of raising this revenue could be similar to the present funding of Medicare (e.g. Federal Insurance Contributions Act tax) and Medicaid.

It would repeal the corporate tax and payroll taxes (including Federal Insurance Contributions Act tax (FICA)).

History shows that the Federal Insurance Contributions Act (Social Security) was designed as a pension system at a time when few if any employers provided pensions for their employees.

Under the Federal Insurance Contributions Act (FICA), students and their educational employers are exempted from paying Social Security taxes.

In 1935, the United States Congress passed the Federal Insurance Contributions Act (FICA), which imposed a payroll tax on workers.

When payroll taxes, known as Federal Insurance Contributions Act taxes, were low, the money that could have been generated by applying the taxes to stock purchase plans was small.

The Federal Insurance Contributions Act is currently codified at Title 26, Subtitle C, Chapter 21 of the United States Code.

In January, Representative Dan Rostenkowski, Democrat of Illinois, introduced a bill that would simplify the Federal Insurance Contributions Act.

Increasing the income subject to the Federal Insurance Contributions Act would enable us to reduce the rate of the tax, making it much less burdensome on the working poor and the middle class.

For 1987, the wage base, or amount of income on which the FICA (for Federal Insurance Contributions Act) tax is imposed, will rise to $43,800 from $42,000.

It reduced the amount they paid in federal income and Federal Insurance Contributions Act tax (FICA), providing $21 billion in relief for 15 million low-income families.

Wages for this purpose means wages as defined for purposes of the Federal Insurance Contributions Act (FICA) (without regard to the wage base limitation).

During the early 1980s, public employees of the Commonwealth of Pennsylvania overpaid millions of dollars in Federal Insurance Contributions Act (FICA) taxes.

FICA stands for the Federal Insurance Contributions Act and the FICA tax consists of both Social Security and Medicare taxes.

Reagan also attempted to increase the solvency of Social Security by cutting disability and survivor benefits, and by increasing the Federal Insurance Contributions Act tax (FICA).

The Treasury Department's full-time employee rule-which does not categorize medical residents as students exempt from Federal Insurance Contributions Act taxes-is a reasonable construction of 26 U. S. C. 3121(b)(10).

Humber and the Mets were motivated to complete a deal due to a change in federal tax law that made signing bonuses subject to Federal Insurance Contributions Act and Social Security taxes.

Most Medicare enrollees do not pay a monthly Part A premium, because they (or a spouse) have had 40 or more 3-month quarters in which they paid Federal Insurance Contributions Act taxes.