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doc03

(35,300 posts)

4. We have to get real we do have one hell of a debt

Reply to European Socialist (Original post)

Tue Jan 1, 2013, 01:32 AM

Jan 2013

The payroll tax holiday was supposed to be (temporary) same as the Bush tax cuts were. SS was separate from the federal budget for 70 plus years, SS was self supporting until now. We are stealing money from future generations to pay what we were happy to pay for decades until this ill conceived payroll tax holiday.

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14 replies

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Higher SS tax is going to hurt--dems might have a hard time asking for more sacrifice. [View all] European Socialist Jan 2013 OP

Yep... W_HAMILTON Jan 2013 #1

Or cut income tax another 2% for those making < $110,000. dflprincess Jan 2013 #2

The problem with making the payroll tax cut permanent... regnaD kciN Jan 2013 #5

I understand that. dflprincess Jan 2013 #14

no, THAT I can actually be happy about hfojvt Jan 2013 #3

We have to get real we do have one hell of a debt doc03 Jan 2013 #4

+1. nt SammyWinstonJack Jan 2013 #9

Actually, this I'm fine with. Lone_Star_Dem Jan 2013 #6

what higher ss tax? is it actually a higher tax, or just the end of the tax holiday? HiPointDem Jan 2013 #7

less take home pay European Socialist Jan 2013 #8

you didn't answer the question. HiPointDem Jan 2013 #10

OK--tax holiday.expires. European Socialist Jan 2013 #11

the same takehome they got before the holiday. HiPointDem Jan 2013 #13

Umm, we do need to pay for Social Security, MadHound Jan 2013 #12