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dawg

(10,624 posts)
13. I never argued that it undermined the program.
Wed Jan 2, 2013, 10:44 AM
Jan 2013

I preferred the Making Work Pay tax credit, but the payroll tax cut did not reduce contributions to the Social Security trust fund. The provisions of the law required the general fund to take the hit for the reduced collections.

"Everyone claimed" is a bit of a straw man, no? n/t Dawgs Jan 2013 #1
You're right, fixed. n/t ProSense Jan 2013 #4
No. Those cuts shouldn't be permanent. dawg Jan 2013 #2
"But it's probably a little soon to be raising taxes on the working class" ProSense Jan 2013 #7
I never argued that it undermined the program. dawg Jan 2013 #13
Hook. Line. Sinker. GeorgeGist Jan 2013 #16
Not true. Capital gains and dividend taxes went up 5% dmallind Jan 2013 #17
It has been a frequent Left position that the FICA holiday is an attack on Social Security alcibiades_mystery Jan 2013 #3
You mean people that earn over $100,000 don't pay payroll taxes? ( n/t ) Make7 Jan 2013 #5
Sure, up to $110,000 of everyone's income. ProSense Jan 2013 #10
Difficult to offer a Social Security Payroll Tax cut when Social Security is in trouble liberal N proud Jan 2013 #6
Not everything is black and white, shades of grey are allowed Fumesucker Jan 2013 #8
No! It was a temporary tax cut, and unlike GOPers, Dems understand the meaning of temporary. nt jillan Jan 2013 #9
You're kidding right? bowens43 Jan 2013 #15
No, it's not a joke. ProSense Jan 2013 #20
What I don't understand is any notion of permanence malaise Jan 2013 #11
I consider that the biggest positive, funding to Social Security was restored. TheKentuckian Jan 2013 #12
we are the party of tax cuts=stimulus now, so let's make them permanent... bowens43 Jan 2013 #14
We'll be thanking Obama for this in the long term. JaneyVee Jan 2013 #18
Remove the cap on SS contributions. If we can slip that MineralMan Jan 2013 #19
The pay roll tax cut was a temporary measure Harmony Blue Jan 2013 #21
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