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In reply to the discussion: I know my timing couldn't be worse, considering all the recent attention from Rush & his trolls [View all]JDPriestly
(57,936 posts)40. I know that I paid the full amount and that President Obama, as part of the most recent stimulus
gave those now working a two-year vacation from about 2% of the tax.
The Social Security website may show that the tax has not changed because the 2% was made up out of the general fund. I think that is the wrong way to do it.
Putting aside the amount of the payroll tax for your fall-back retirement and Medicare and for other social programs is absolutely minimal. Every one of us should squeeze our belts to do it.
No one can live just for today.
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I know my timing couldn't be worse, considering all the recent attention from Rush & his trolls [View all]
apples and oranges
Jan 2013
OP
The Republicans wanted the payroll tax increase because it showed Obama raising taxes
plethoro
Jan 2013
#1
Yeah, and maybe Obama could remind the GOP that Reagan raised taxes 11x, 9x on the middle class.
JaneyVee
Jan 2013
#2
Obama and Congress gave those who pay payroll taxes a 2-year or so holiday during which
JDPriestly
Jan 2013
#34
I know that I paid the full amount and that President Obama, as part of the most recent stimulus
JDPriestly
Jan 2013
#40
to bad we couldn't have a discussion about making the 2% permanent and getting even by
klyon
Jan 2013
#11
If you makes the 2% permanent, employers would want their shared matched and that would officially
plethoro
Jan 2013
#30
Media outlets don't explain anything about any of our programs, whether its SS or Medicare or
dkf
Jan 2013
#12
Michael Hudson is, of course, right. But the political will to, for example, fund Social Security
JDPriestly
Jan 2013
#33
Justifying it might be a lot easier if we didn't still have massive tax breaks for the 1%
bread_and_roses
Jan 2013
#17
I wish you the very best of luck in this new year, sir. Your post rings with a certain
plethoro
Jan 2013
#31
There are ways of having a 4.2% rate for lower wage workers and paying into Social Security.
bluestate10
Jan 2013
#38
"Most media outlets are doing nothing to help Americans understand what's really going on," nt
patrice
Jan 2013
#26