For the same reason, your FICA taxes are higher when you're self-employed.
At that point, under current law, the system's benefits would have to be paid from the FICA tax alone.
In summary together both halves of the FICA taxes add up to 15.3 percent.
That is to put self-employed people on a par with employers, who may deduct their share of employees' FICA taxes.
Many hospitals assessed and paid FICA taxes on behalf of their employees.
An employee only pays the employee portion of the FICA tax.
It introduced the FICA tax as the means to pay for Social Security.
The FICA tax was increased in order to pay for this expense.
Or we could drastically raise the corporate part of the FICA tax and remove the income cap.
The FICA taxes are imposed on all workers and self-employed persons.