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No tax republicans just raised YOUR taxes tonight

sportage

sportage

Lifer
http://www.huffingtonpost.com/2011/12/01/payroll-tax-cut-extension_n_1124661.html

WASHINGTON -- The Senate failed Thursday to pass an extension of a payroll tax cut, leaving in limbo a break that saved working class households about $1,000 a piece this year.

Democrats sought to extend and expand the break, while paying for it with a 3.25 percent surtax on incomes over $1 million. Just one Senate Republican, Maine's Susan Collins, voted for the middle class break, which died 51 to 49 in a filibuster. Three Democrats opposed the bill.

"I am extremely disappointed that Republicans' insistence on protecting millionaires from paying a penny more in taxes has blocked our effort to extend and expand the payroll tax cut for millions of middle class families and small business owners," said Sen. Patty Murray (D-Wash.).
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And this is what November 2012 is all about.
Except you might first notice a little nasty surprise in your first paycheck come January 2012.
Be sure to show your thanks to your republican friends. Especially while in that voting booth...
 
So Republicans wanted to extend the cuts by reducing spending somewhere else, and Democrats wanted to extend the cuts by taking money from somebody else... got it.

So when these taxes go back up, how is it that the 'rich' are stealing from me? I'm pretty sure the taxes get paid to the government.
 
Well, they did just say no new taxes (on the Rich) but they never mentioned bringing back old taxes on the middle & working class.

Their message really is quite clear to anybody not caught in the feel good emotional appeal of their rhetoric. All of their tax proposals lay it out in black & white-

Taxes are for little people.
 
All I have to respond to that is "Bush Tax Cuts"...!
Where were the offsetting spending cuts THERE? THEN?
Just more republican BS taking points that mean nothing...

BTW, if you earn a paycheck, come January 2012, that OWS protest just got a little closer to home. Hey?

Anyone that works, earns a paycheck, and supports these republicans... well I have a bridge in Brooklyn I'd like to sell ya.
 
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PeshakJang said:
So Republicans wanted to extend the cuts by reducing spending somewhere else, and Democrats wanted to extend the cuts by taking money from somebody else... got it.

So when these taxes go back up, how is it that the 'rich' are stealing from me? I'm pretty sure the taxes get paid to the government.
Click to expand...

http://money.cnn.com/2011/11/30/news/economy/payroll_tax_cut_republicans/index.htm?hpt=hp_t3

This is the GOP solution.

"The Republican proposal would institute a three-year freeze on federal civilian worker pay; reduce the size of the federal civilian workforce by 10% through attrition; prohibit millionaires from receiving unemployment benefits or food stamps; and require millionaires to pay full fare for Medicare Parts B and D."

Clearly cutting jobs is the way to grow our economy. Wake up kid.
 
In a surprising result, Democrats and more than two dozen Republicans voted 78-20 to kill the $120 billion GOP alternative that would have simply extended the existing 2 percentage point payroll tax cut, financed by freezing federal workers' pay through 2015 and reducing the government bureaucracy.
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Nothing else to it... Democrats want to keep spending spending spending, and simply find a way to shift the burden. Republicans want to cut the spending.

Hey... when taxes go up in Jan, maybe those OWS people will realize who's insisting on spending their money. (the minority that may be subject to a payroll tax, at least)
 
OneOfTheseDays said:
http://money.cnn.com/2011/11/30/news/economy/payroll_tax_cut_republicans/index.htm?hpt=hp_t3

This is the GOP solution.

"The Republican proposal would institute a three-year freeze on federal civilian worker pay; reduce the size of the federal civilian workforce by 10% through attrition; prohibit millionaires from receiving unemployment benefits or food stamps; and require millionaires to pay full fare for Medicare Parts B and D."

Clearly cutting jobs is the way to grow our economy. Wake up kid.
Click to expand...

So why don't we just let the government hire everyone that's unemployed? That'll grow the economy, right?

Why do you insist on maintaining a perpetual pool of otherwise unemployable workers making above-market rates for their skill sets? Is that going to grow the economy?
 
Meh. It's anticipated that the payroll tax holiday will ultimately get extended before Christmas break so might be a bit premature on this one. It's more of a "for now" situation. If it actually expires I'd be surprised.
 
I welcome the opinion of PeshakJang. However if this member works and earns income through a paycheck, then I truly worry about their logic. If PeshakJang earns income from other sources other than a paycheck, then naturally this would be their response.

You can disagree. Get mad. Rant or joke. But $1000 "is" actual cash most wage earners WILL NOT have the pleasure to enjoy come 2012. If money doesn’t have the last word, especially to a wage earner, then I don't know what ideology would win out over ones own personal financial welfare.
Make your point... Just make sure it is worth $1000 to YOU in doing so.
 
We already have a president and a congress that have staunchly refused to cut even $1 from the federal budget over the next 10 years, so why are we listening to their opinion at all when it comes to this?

I'll bet Obama just wishes he could rule by decree...

OH WAIT

http://www.cbsnews.com/video/watch/?id=7386655n

CBS News chief White House correspondent Norah O'Donnell reports President Obama will issue an executive order almost every week, according to a senior adviser, to keep pressure high on Congress to pass his jobs bill.
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God bless him...Is there anything he can't do?
 
sportage said:
I welcome the opinion of PeshakJang. However if this member works and earns income through a paycheck, then I truly worry about their logic. If PeshakJang earns income from other sources other than a paycheck, then naturally this would be their response.

You can disagree. Get mad. Rant or joke. But $1000 "is" actual cash most wage earners WILL NOT have the pleasure to enjoy come 2012. If money doesn’t have the last word, especially to a wage earner, then I don't know what ideology would win out over ones own personal financial welfare.
Make your point... Just make sure it is worth $1000 to YOU in doing so.
Click to expand...

I most certainly do earn a paycheck and pay taxes. And I also know who insists on spending those taxes twice over without regard.
 
PeshakJang said:
Nothing else to it... Democrats want to keep spending spending spending, and simply find a way to shift the burden. Republicans want to cut the spending.

Hey... when taxes go up in Jan, maybe those OWS people will realize who's insisting on spending their money. (the minority that may be subject to a payroll tax, at least)
Click to expand...

Repubs want to shift the burden too- down the scale, both in terms of taxes & reduced benefits of govt. Rich people don't need Jobs, SS, or medicare, or food stamps, or decent public schools. They just need to pay lower wages, offshore or not, lower taxes, & more money.

Quite why people who earn $M's/month think they need more money is beyond me, but they do.
 
PeshakJang said:
I most certainly do earn a paycheck and pay taxes. And I also know who insists on spending those taxes twice over without regard.
Click to expand...

Well then I guess I own you a thumbs up for being such a patriot, and so willingly chipping in your $1000 for the cause.

But seriously... do you really believe even "one" senate republican cares about spending, beyond winning some ideology game of talking points?
I mean... seriously now.
 
PeshakJang said:
We already have a president and a congress that have staunchly refused to cut even $1 from the federal budget over the next 10 years, so why are we listening to their opinion at all when it comes to this?
Click to expand...

What? We just had $2.2 trillion in spending cuts passed into law, in a two stage process. And guess which party is making noise about reversing the cuts? Your statement is just flatly false.
 
They should have let it expire and raised the taxes on millionaires, we all have to pay for the services that we demand.
 
sportage said:
Well then I guess I own you a thumbs up for being such a patriot, and so willingly chipping in your $1000 for the cause.

But seriously... do you really believe even "one" senate republican cares about spending, beyond winning some ideology game of talking points?
I mean... seriously now.
Click to expand...

When GWB was in the White House, & Repubs controlled Congress, deficits didn't matter, pork was good, and govt grew at the greatest rate since the Great Society. But now, well, now things are different. They've seen the Light! In the face of the greatest economic downturn since the Depression, what we need is to Cut, cut, cut- taxes at the top, & the benefits of govt for the rest of us.

The ability of their rank & file to keep their noses in the ass cracks of their leadership through this pirouette is a thing to behold, a thing of wonder indeed.
 
The democrats sure didn't help us out either.

I'll keep it in mind in the voting booth - but voting for a democrat over this would be stupid because the democrat would gladly raise my taxes anyway.

Schadenfroh said:
They should have let it expire and raised the taxes on millionaires, we all have to pay for the services that we demand.
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Actually, since millionaires theoretically use less services than others, well, they should pay less since they use less, right? 😛

/devil's advocate

I still think the tax code should be simplified down to just a couple pages. flat tax rate, no loopholes, only a couple deductions.
 
The 3.25 surcharge on incomes over 1M is an exceptionally lousy way to pay for this. Glad it failed and I say that earning a very modest wage where a larger paycheck would have solid impact.

I think that type of policy is extremely dangerous for the country. It puts the burden of responsibility in the wrong place and makes it easy to keep it there in the wrong place.

If the .gov wants folks to keep more of the money they earn, their is something else they can do besides pickpocketing the rich.
 
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sportage said:
Well then I guess I own you a thumbs up for being such a patriot, and so willingly chipping in your $1000 for the cause.

But seriously... do you really believe even "one" senate republican cares about spending, beyond winning some ideology game of talking points?
I mean... seriously now.
Click to expand...

That's seriously weak.

Just because it is likely that a greedy bastard who engages in "fuck the poor" type behavior is a Republican, this does not mean it's likely that a Republican is a greedy "fuck the poor" type of bastard.
 
Craig234 said:
LOL.

Ya, the top 1% taking 80% of all economic growth the last 30 years - give them more!
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That's a problem. I don't know how to solve it.

Not taking something is not giving somebody more unless you believed what you were to take was yours already.
 
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