Tax rate for SS for employees in 2011 is going from 6.2% to 4.2%. What I don't understand is haven't we been hearing for years that Social Security is going to be broke by such and such a time? Is there any logic to all of this?
I just hope it doesn't come back to haunt us. I can just hear it all now "why did we ever lower the tax rate in 2011, SS is going broke!" Maybe I better retire soon while there is still some money there.