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Reply #18: The payroll tax thingy scares the bejeebers out of me [View All]

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Tansy_Gold Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 07:38 AM
Response to Reply #11
18. The payroll tax thingy scares the bejeebers out of me
I'm self-employed, so I get hit with both halves of that equation, but the idea of ANYTHING that even hints and not funding SS scares me. Onc epeople become accustomed to that bit of extra jingle, they will squeal like stuck pigs at any talk of returning it to previous levels.

I notice that Obama is now using the same rhetoric as the right used to use about the estate taxes, etc. -- returning to previous levels constitutes an "increase" and it seems just about every fuckingpolitician in DC is morally opposed to anything that smacks of a tax increase.

Look, I'm in a royal rage over corporations today, and probably will be for the foreseeable future. The only reason I'm going to be coming around to SMW -- other than the fine cast of crazies assembled here -- is to watch for the Crash, with a capital C. And I will cheer and jump up and down when the stockholders and the executives start running for the windows. (Thank you, RUMMYISFROSTED).

It would be tempting for me to say that today I hate the media corporations more than any others, because it is one of the biggest of the bunch who has done a most grievous but perfectly legal harm to me. But I hate the banks and the insurance companies and the for-profit hospitals and the for-profit "universities" and the power companies and all the rest.

$1500 a year is not an insignificant amount to many families, even families of one. But it is a mortgage to the future. I am 63 years old, benefiting from early but reduced social security payments from the fund into which both my husband and I paid all our working lives. And while I understand that under the current "plan," all sums due to the SS trust fund are being paid out of the "general" fund, I can easily imagine the time coming when people now in their 30s and 40s will find that their benefits are reduced due to the "holiday" of the Obama administration.

The Stock Markets, imho, represent the cancerous tumor that is growing on the global economy. As the stock prices rise, they allow The Fucking Filthy Rich to suck more and more of the lifeblood from the working classes. The only way to restore any semblance of health to The Economy is to excise the tumor, cut it out, and that means utterly destroying the concept of "the corporation" as a lifeform.

As our own Demeter wrote recently, "capital" can serve three valuable and essential functions. When it is used as a weapon of mass destruction, however, it must be destroyed.



Tansy Gold
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