2% Tax Raise

know1

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

riotgrl

I think the real problem is our governments inability to work with each other. The President actually called for extending the payroll tax "holiday" but it was not accepted as part of the final fiscal deal. Why do we keep electing these people into office when they care nothing about the future of America but rather seem to only want to advance their own agenda.

NPR ran an interesting bit about this:
http://www.npr.org/2013/01/01/168417033/cliff-deal-would-end-payroll-tax-holiday

know1

riotgrl wrote:

Why do we keep electing these people into office when they care nothing about the future of America but rather seem to only want to advance their own agenda.

This is the same question I'm screaming. I personally voted against ALL incumbents - no matter what party - in the last 2 elections. I don't understand why there isn't a big movement for everyone to do the same.

Go Beavers

know1 wrote:

riotgrl wrote:

Why do we keep electing these people into office when they care nothing about the future of America but rather seem to only want to advance their own agenda.

This is the same question I'm screaming. I personally voted against ALL incumbents - no matter what party - in the last 2 elections. I don't understand why there isn't a big movement for everyone to do the same.

People hate congress as a whole, but love their own representatives.

Cosmo

Go Beavers wrote:

People hate congress as a whole, but love their own representatives.

...
BINGO!!!
The basic sentiment in America is, "Vote the bastards out!!! (while I vote for the guy I voted for last time because I recognize his name)."

peacefrompaul

Cosmo wrote:

Go Beavers wrote:

People hate congress as a whole, but love their own representatives.

...
BINGO!!!
The basic sentiment in America is, "Vote the bastards out!!! (while I vote for the guy I voted for last time because I recognize his name)."

Right! Pretty soon we have guys sitting there for decades!

Jeanwah

Taxes are going up for everyone.

Seriously, there is no way for the country to move forward without raising taxes. Why is it that no one sees this?!

EdsonNascimento

Cosmo wrote:

Go Beavers wrote:

People hate congress as a whole, but love their own representatives.

...
BINGO!!!
The basic sentiment in America is, "Vote the bastards out!!! (while I vote for the guy I voted for last time because I recognize his name)."

Well, it is exactly right, but I have a different view on the reason - it's that folks like when they get stuff, but not when others get stuff. So, when Chuck E. Cheese is able to get NY a big chunk of change (Sandy relief aside, though not entirely b/c anyone could have lobbied that one), NYers love him. But, when West Virginia Coal Mines get a break, NYers hate Congress.

I like my pork. I just don't like your pork.

EdsonNascimento

Jeanwah wrote:

Taxes are going up for everyone.

Seriously, there is no way for the country to move forward without raising taxes. Why is it that no one sees this?!

There is - reduce entitlement programs. For, example, this 2% is directly to fund Social Security instead of borrowing from the general "fund" (Which really doesn't exist since it seems more than half the population is just fine with Trillion $ a year deficits).

Not saying Soc Sec should be effected (But not saying it shouldn't). Just answering your query. The Republicans see the answer to your question. But, you don't seem to like the answer.

Cut spending. You can move forward without raising taxes.

Cosmo

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

...
From what I understand... the Social Security taxes are not 'being raised', they are returning to the levels they were at prior to G.W.Bush's cuts. That was part of the magic of the Bush era... we seemed to be doing better because we weren't paying for things, in this case, funding Social Security.
Think about it this way... you set aside money to replace the roof on your house, 15 years from now. For the past 10 years, instead of putting away that money, you spent it on things you like... like ice cream and Sizzler dinners. Life was good because you were eating at Sizzler all the time and having ice cream for dessert.
But, you weren't funding the future cost of a roof replacement and it is coming time to replace that roof. So, you re-start your previous savings habit and are forced to give up the Sizzler dinners and ice cream desserts.

JonnyPistachio

just got my first paycheck of 2013. Slight decrease...office manager doesnt even know why. She said its SS, but I asked if it was payroll and she didnt know. Glad we're so informed. SS? Hope I can claim it one day.

EdsonNascimento

Cosmo wrote:

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

...
From what I understand... the Social Security taxes are not 'being raised', they are returning to the levels they were at prior to G.W.Bush's cuts. That was part of the magic of the Bush era... we seemed to be doing better because we weren't paying for things, in this case, funding Social Security.
Think about it this way... you set aside money to replace the roof on your house, 15 years from now. For the past 10 years, instead of putting away that money, you spent it on things you like... like ice cream and Sizzler dinners. Life was good because you were eating at Sizzler all the time and having ice cream for dessert.
But, you weren't funding the future cost of a roof replacement and it is coming time to replace that roof. So, you re-start your previous savings habit and are forced to give up the Sizzler dinners and ice cream desserts.

Wrong. The 2% holiday was approved in 2011. But, keep trying. Kind of funny that even tax reductions are being BLAMED on Bush.

Cosmo

EdsonNascimento wrote:

Wrong. The 2% holiday was approved in 2011. But, keep trying. Kind of funny that even tax reductions are being BLAMED on Bush.

...
I stand corrected.
Thank you for that.

Jeanwah

New Study Destroys Theory That Tax Cuts Spur Growth

http://www.businessinsider.com/study-ta ... z2GwQDJBHd


THE TRUTH ABOUT TAXES: History Suggests High Tax Rates On Rich People Do Not Hurt The Economy

http://www.businessinsider.com/history- ... very-low-1

Jeanwah

EdsonNascimento wrote:

Jeanwah wrote:

Taxes are going up for everyone.

Seriously, there is no way for the country to move forward without raising taxes. Why is it that no one sees this?!

There is - reduce entitlement programs. For, example, this 2% is directly to fund Social Security instead of borrowing from the general "fund" (Which really doesn't exist since it seems more than half the population is just fine with Trillion $ a year deficits).

Not saying Soc Sec should be effected (But not saying it shouldn't). Just answering your query. The Republicans see the answer to your question. But, you don't seem to like the answer.

Cut spending. You can move forward without raising taxes.

No, you and republicans don't like the answer, because it means tax cuts aren't increasing.

JC29856

why must social security and medicare be pre-funded but not wars? how come i never hear talk about wars being insolvent in 201x?

the DoD budget was cut $24B about 5%...

Cosmo

JC29856 wrote:

why must social security and medicare be pre-funded but not wars? how come i never hear talk about wars being insolvent in 201x?

the DoD budget was cut $24B about 5%...

...
What fun would going to war for no reason be... if we had to pay for it? That's the reason why we have kids.... so we can blow stuff up on their dime. I think Iran has some stuff that we want to blow up... so get busy parents... make more kids so we can blow up more shit.

LloydXmas

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

interesting. got the same email.

mickeyrat

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

umm wasnt this 2% a temp cut anyway? JUST like the Bush cuts?

This 2% is a restoration of previous levels. JUst like the Bush Cuts SHOULD have been. On everybody.

Oh and cut some fucking spending too. EVERYWHERE!!!!!

This was a bullshit fucking deal meant to secure their fucking seats next election cycle. Nothing more.

JC29856

mickeyrat wrote:

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

umm wasnt this 2% a temp cut anyway? JUST like the Bush cuts?

This 2% is a restoration of previous levels. JUst like the Bush Cuts SHOULD have been. On everybody.

Oh and cut some fucking spending too. EVERYWHERE!!!!!

This was a bullshit fucking deal meant to secure their fucking seats next election cycle. Nothing more.

AND WHAT ARE YOU GOING TO DO ABOUT IT???

mickeyrat

JC29856 wrote:

mickeyrat wrote:

know1 wrote:

Just got the email from HR this morning that our next paychecks will have a 2% increase in taxes due to the social security tax being raised.

I thought they weren't going to raise taxes on middle class Americans?

Our government is evil.

umm wasnt this 2% a temp cut anyway? JUST like the Bush cuts?

This 2% is a restoration of previous levels. JUst like the Bush Cuts SHOULD have been. On everybody.

Oh and cut some fucking spending too. EVERYWHERE!!!!!

This was a bullshit fucking deal meant to secure their fucking seats next election cycle. Nothing more.

AND WHAT ARE YOU GOING TO DO ABOUT IT???

At this point if its a warm body that has never run before I'll vote anti-incumbent. Living in Ohio the district I'm in is a lock for milktoast party hack Tiberi. I saw 2 ads(same ran twice) period for this fuck.


I'd like to enact a particular soundgarden song/. Guess which one.