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high density

(13,397 posts)

13. The politicians were too busy arguing over $250k vs $400k to care about the payroll tax holiday

Reply to Bake (Original post)

Wed Jan 2, 2013, 06:27 PM

Jan 2013

So it expired... I thought it never should've been instituted in the first place.

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What happened to the payroll tax holiday in the fiscal cliff deal? [View all] Bake Jan 2013 OP

It expired as planned. subterranean Jan 2013 #1

Were Dems not pushing to continue it? Bake Jan 2013 #3

no, it was always intended to be temporary. unblock Jan 2013 #5

NO. Because too many democrats hated the tax holiday because they felt it hurt Social Security. bluestate10 Jan 2013 #11

Yes. Obama wanted it extended for one. former9thward Jan 2013 #14

it expired, but not as planned BainsBane Jan 2013 #4

it actually does goto the wealthy hfojvt Jan 2013 #7

It benefits those who don't earn enough to pay income tax BainsBane Jan 2013 #8

it is not flat hfojvt Jan 2013 #10

Marking work pay credit is not a payroll tax credit BainsBane Jan 2013 #15

the last line is true hfojvt Jan 2013 #16

your stats are deliberately distortive BainsBane Jan 2013 #18

it's kinda sad hfojvt Jan 2013 #19

You haven't calculated the richest 20% BainsBane Jan 2013 #24

oh good grief hfojvt Jan 2013 #25

I'm on Social Security right now, and I'm glad I paid the tax. JDPriestly Jan 2013 #27

I am talking about the payroll tax cut rather than the payroll tax hfojvt Jan 2013 #32

There are different ways it "could" be done, but the political will is barely there JDPriestly Jan 2013 #33

Employers pay half. HiPointDem Jan 2013 #17

Social Security is more important to the poor and the middle class than to anyone else. JDPriestly Jan 2013 #26

Not if they are under 65 BainsBane Jan 2013 #29

I wasn't rich. I know what it means. JDPriestly Jan 2013 #30

I heard tyne Jan 2013 #6

Holiday's over Proud Public Servant Jan 2013 #2

Does that mean I have to take my Payroll Holiday ornaments off the mantle now? Atman Jan 2013 #12

It's over. enlightenment Jan 2013 #9

The politicians were too busy arguing over $250k vs $400k to care about the payroll tax holiday high density Jan 2013 #13

You're going to be called a cry baby who should have planned for this Puzzledtraveller Jan 2013 #20

It should have never been passed. The response on both ends was as predictable as the rising sun TheKentuckian Jan 2013 #21

the holiday is over anarch Jan 2013 #22

We need to extend the cap on the payments and then reduce the amount of the tax JDPriestly Jan 2013 #31

It only effects income up to $113,700 so nobody fought to extend it. Motown_Johnny Jan 2013 #23

One thing I havent seen on these threads wercal Jan 2013 #28

I think there was mention in the media about removing or at least raising the cap. Cleita Jan 2013 #36

Holiday is over. n/t Cleita Jan 2013 #34

It ate my COLA Recursion Jan 2013 #35