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WCGreen

(45,558 posts)
Tue Nov 13, 2012, 12:55 AM Nov 2012

How many people are aware that they are going to get hit with a 2% bite out of their paychecks [View all]

starting in January.

Remember that little extra you have been getting in your paycheck since 2009, well if no action is taken, that 2% reduction in Social Security that came off of your contribution will go away.

Now this has to happen and will because the President doesn't have to run for re-election. But Senators and Congresspeople do. So if this expires and they keep renewing this cut from FICA contributions, that almost assures that there will be cuts in benefits down the road.

To me, it is a no brainer. It has to be let die in order to assure the viability of Social Security.

However, how can the GOP not move to extend that 2% and still be no tax champions.

This is big folks.

Stay tuned.

24 replies = new reply since forum marked as read
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Sorry, but thats a good thing. HooptieWagon Nov 2012 #1
I guess you really didn't read the post because you would have caught this line.... WCGreen Nov 2012 #8
I overlooked that line. HooptieWagon Nov 2012 #9
Yes. I am helping out a few relatives, so I'll just have to find a way to stretch those dollars. MADem Nov 2012 #2
Obama has got to sell raising the cap HARD!!! WhaTHellsgoingonhere Nov 2012 #3
it never should have been done in the first place. BlueMan Votes Nov 2012 #4
Not enough. They will, soon. elleng Nov 2012 #5
Bring it on! GitRDun Nov 2012 #6
Yes, bring it on! Hermes Daughter Nov 2012 #13
You got to have something to itemize. hobbit709 Nov 2012 #18
Homemade Jam Mogul Hermes Daughter Nov 2012 #20
Let it expire. Best strategy is probably not to even discuss it. reformist2 Nov 2012 #7
Whoopie Do, Wellstone ruled Nov 2012 #10
I am, but I'd wager most are more worried about the expiration of the Bush tax cuts. Selatius Nov 2012 #11
For sure.... WCGreen Nov 2012 #14
"how can the GOP not move to extend that 2% and still be no tax champions" ecstatic Nov 2012 #12
We tried the townhall format already. The rich folks simply flooded the seats with their supporters. Selatius Nov 2012 #15
Added to the 30% increase for health insurance... aroach Nov 2012 #16
My argument was that people adapt exboyfil Nov 2012 #17
Well it is either that.. sendero Nov 2012 #19
that's exactly what I feel about this.... WCGreen Nov 2012 #21
just raise the damn cap newspeak Nov 2012 #22
Ugh ismnotwasm Nov 2012 #23
In Illinois we never got it AngryAmish Nov 2012 #24
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