The Giant Noodle said:Youre right! And the wealthy should pay for it with a 10% tax increase. They can afford it. Im tired of selfish people.
this is incorrect. SS will either be reformed and reduced over time because we choose to do so, or it will be dramatically reduced suddenly because the US Government has declared bankruptcy and no longer has the ability to get the money.
Or, we will simply raise the FICA cap to $180,000.
The GOP now want to hurt everyone BUT the wealthy. Great job guys! :lol:
CONTINUED: GOP may OK tax hike that Obama hopes to block - politics - msnbc.com
IOW, a person that makes $1,000 a week, will pay an additional $20 more.
Don't Libbos just beat all?
So you are ok with that hike but not a small increase to those who have plenty of belt room? Why?
So you are ok with that hike but not a small increase to those who have plenty of belt room? Why?
$20, or less a week, isn't a small increase?
Actually, it's a ****ing joke. Liberal policies kill millions of jobs and everything is supposed to be made right with a $20- bump to employee paychecks?
$20, or less a week, isn't a small increase?
Actually, it's a ****ing joke. Liberal policies kill millions of jobs and everything is supposed to be made right with a $20- bump to employee paychecks?
But the rich? They will have to pay a substantially small amount extra per year!
Hey good source. Last time I checked, thousands of years ago, Socrates even knew that rhetoric is garbage. You didn't even answer my question. Why just on the middle and lower class? Why not let the tax cuts on the elite lapse? Why not close loop holes?
Liberal policies kill millions of jobs and everything is supposed to be made right with a $20- bump to employee paychecks?
We haven't implemented any liberal tax policies yet. You have to look at the past policy of trickle down economics for our current jobless plight.
The chicken **** payroll tax cut that gave people an extra $20- a week isn't a Liberal tax policy?
Unfortunately, the current unemployment rate has nothing to do with taxes. it's more to do with a government that is killing jobs.
How did an extra $20 bucks a week for the working class kill jobs???
You are right, it is was the government practice of trickle down economics that killed jobs. By transferring so much wealth from the middle class to the millionaires and billionaires, the masses don't have enough money to be the type of consumers our economy depends on to prosper.
That will have to change.
So, how is that hope-n-change working for us? How many jobs have been lost under the Yes We Can regime?
We are not in a Great depression are we? That's what happened the last time so much wealth was concentrated at the top. The correction will need to be the same thing we did after the great depression.
Or, we will simply raise the FICA cap to $180,000.
How did an extra $20 bucks a week for the working class kill jobs???
We are not in a Great depression are we?
depends on the metric you are using. long term unemployment? yup. unemployment as measured against the initial start point? eh, close. growth? our growth is lower than it was during the Great Depression.
IOW, a person that makes $1,000 a week, will pay an additional $20 more.
Don't Libbos just beat all?
it didn't, except rather indirectly. neither did it help jobs.
Let's see... $20 per week is $87 per month and $1,040 per year. Do you not think that has a significant on a family living on a $52,000 income? Don't you think that income group carefully scrutinizes how it spends $100?
Realize that, unlike the tax cuts on upper incomes, each dollar given to the lower income group goes dollar for dollar back into the economy. (that group as a marginal propensity to consume approaching 1 dollar spent per dollar taken in). Putting that money back into the system means business, jobs, profits and taxes for the place where the dollar is spent and business, jobs, profits and taxes for that businesses suppliers and employees. All in, its easy to trace at least 50% of the payroll tax cut right back to the government in the form of tax revenue.
You can trivialize the $20 per paycheck, but it simply shows how incredibly insensitive and out of touch the Cons are.... It also well illustrates that a $20 per week tax on the wealthy is far less impactful than a $20 per week tax on the less wealthy, as you think $20 per week is nothing.
Thank you for being today's poster child of Conservative ignorance.
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