Taxes for 160 million Americans are going up starting January 1

Originally posted by timetothink
1st of all the middle class tax cuts were from the Bush era....Obama was forced into extending them 2 years ago and all of a sudden history was rewritten and viola! The bush cuts never happened and they were Obamas middleclass tax cuts.

yep and the GOP looked to let the Payroll tax cut expire while looking to extend the tax cuts for Millionaires.

They way that Pres. Obama signed off on the Bush era tax cuts for millionaires was getting the tax cut for the middle class extended.

So, I'd say he is allowed to claim it, considering the original tax break expired and the GOP didn't want to extend it last time and only gave in as a means to preserve tax breaks for millionaires.

reply to post by Indigo5


Lets forget about the he said she said bull#..(Obama derangement syndrome is hard to overcome) and face the fact that the tax code is the problem or maybe a consumption tax would make rich-haters happier? The rich buy more and so they will pay more.

Republicans held the American people hostage to try to get an oil pipeline built in exchange for giving the working class tax cuts.

That oil pipeline had no business in being part of this discussion at all.


I place all the blame on the Republicans.

Originally posted by OutKast Searcher
Republicans held the American people hostage to try to get an oil pipeline built in exchange for giving the working class tax cuts.

That oil pipeline had no business in being part of this discussion at all.

Nor did drug testing the unemployed, or rolling back the limits on the amount of mercury allowed in drinking water, or defunding Healthcare reform or the new Financial Reform laws, stripping the EPA of authority to regulate industrial incinerators and burners....all of that and more was attached to the GOP 1 year bill.

They never intended on passing it, they just are looking for a way to spin it.

Originally posted by DerepentLEstranger
why all the butthurt and whining?
don't pay taxes, period.

simples

Wish it was that easy! Taxes are taken, not paid of those of us who are employees. I submit that by the taxes being taken, we are in effect slaves & slavery was abolished a little bit ago now... popular culture loves to say the Civil War was about abolishing it but it rose from the ashes @ the start of the 20th century.

I really wish it was that easy.

Derek

Originally posted by Indigo5

Originally posted by OutKast Searcher
Republicans held the American people hostage to try to get an oil pipeline built in exchange for giving the working class tax cuts.

That oil pipeline had no business in being part of this discussion at all.

Nor did drug testing the unemployed, or rolling back the limits on the amount of mercury allowed in drinking water, or defunding Healthcare reform or the new Financial Reform laws, stripping the EPA of authority to regulate industrial incinerators and burners....all of that and more was attached to the GOP 1 year bill.

They never intended on passing it, they just are looking for a way to spin it.

edit on 20-12-2011 by Indigo5 because: (no reason given)

^^ Quoted for TRUTH. The KICKER was the environmental stuff, I mean really allowing MORE mercury in our water? MORE? We already have an arsenic epidemic, let's let 'em drink more quick silver too! If nothing else, the Rs have shown a blantant disregard for the ONLY HOME we have if that disregard is accompanied with the color green that has $ signs on it.

Setting things up to fail, that's the name of the game in DC. Doesn't matter if it is the Ds or the Rs, they work for their largest sponsors.

Derek

Yeah, I don't see how anyone who isn't overly wealthy can defend the Republicans on this one.

This is about a TAX CUT...not every single pet project you can try to cram into the bill to make it unpassable and then say "Hey, we tried.".

Originally posted by HangTheTraitors
The republicans couldnt care less. As long as they prevent having the wealthy pay their fair share, they consider their work done.

They couldnt care LESS about the middle-class. They couldnt care LESS about you and I and the ALREADY BURDENED average American citizen.

So long as they protect the wealthy.

The rest of us they throw under the bus.

Anyone who is NOT wealthy and votes republican is in SERIOUS need for a head-exam.

edit on 20-12-2011 by HangTheTraitors because: (no reason given)

Such ignorance. The opportunity for anyone to become wealthy is no greater on the planet than in the United States. Just because you lack the ambition or intellect to do so, you want to punish those who do? Those "wealthy" typically got that way through hard work and employing a LOT of people.

I suppose it's only certain wealthy that you despise. The NFL wealthy and SAG wealthy get a free pass, eh?

Such ignorance it is mind-boggling.


By the way, how about you distinguish between neocon Republicans and true fiscal conservative Republicans like Ron Paul rather than put them in one category. Oh, that's right - another socialist sheep who gets their opinion from the TV...

Bastards. Boehner is complete scum and Congress full of morons who are so detatched from the needs and the will of the people they ought to be impeached.

Originally posted by Viesczy

Originally posted by DerepentLEstranger
why all the butthurt and whining?
don't pay taxes, period.

simples

Wish it was that easy! Taxes are taken, not paid of those of us who are employees. I submit that by the taxes being taken, we are in effect slaves & slavery was abolished a little bit ago now... popular culture loves to say the Civil War was about abolishing it but it rose from the ashes @ the start of the 20th century.

I really wish it was that easy.

Derek

It's not so much the employees' decision to follow the "law" as it is their employer's.

As an employer, I have often thought about not taking taxes from my employees' checks and not submitting a dime to the IRS on their behalf and telling the IRS to get stuffed.

What do you think they'd do to ME if I did that?

Get the KY....

Originally posted by Neopan100
This is one area/topic I haven't been able to keep up on..so what does it mean exactly? How much more will be taken out..(pretend your paycheck is 1516.80 gross - 1182.18 net /biweekly) What will it look like now? Does this mean no income/child tax credit from IRS come April? I'm totally confused about all this and feel so overwhelmed by everything else that I just don't understand all of it.

The FICA tax will go from 4.2% back to the 6.2%.
It is collected on the first $106,000 or so of earnings.

So if you make $50,000 a year, you just got stung for $1,000 more tax in 2012.
The total FICA tax you will pay on said $50,000 is around $3,100 in 2012.

So get ready to tighten them belts again to the tune of about $100 a month.

Originally posted by OutKast Searcher
Yeah, I don't see how anyone who isn't overly wealthy can defend the Republicans on this one.

This is about a TAX CUT...not every single pet project you can try to cram into the bill to make it unpassable and then say "Hey, we tried.".

I will do you one better...the pet projects crammed into the original GOP bill were designed not to pass. Refusal to hand Obama a success, even if it means hurting the public.

At least Boehner, behind the scenes, seems to understand that over-abusing your potential voters is a recipe for doom. Cantor and the TP caucus are oblivious and single mindedly focused on taking down Obama, the country be damned.

The tide is already turning for the GOP....It's not just one poll...it is all the polls


Poll: Blame hits GOP in Congress

40 percent say Republican leaders are to blame, while just 23 percent of those polled say Democratic leaders are responsible.

And Republicans should not expect reelection support from their base — seven in 10 Republicans say most members should be replaced. Meanwhile, almost three-fourths of independent voters, or 73 percent, want to vote out most members, and 60 percent of Democrats agree.

www.politico.com...

Poll: Support for GOP in Tea Party Districts Drops
blogs.wsj.com...

By a Small Margin, Voters Blame Republicans More Than Democrats if Supercommittee Fails as Expected
www.pollwatchdaily.com...

Poll: Frustration with Congress Could Hurt Republican Incumbents
www.people-press.org...

Republicans Blamed Most for Ineffective Government in U.S. Poll
www.bloomberg.com...

The bill was only a two-month stopgap so take your meds people. What kind of message are we sending to the future immigrants that come to the u.s when we punish & demonize the successful.

Originally posted by Ancient Champion
The bill was only a two-month stopgap so take your meds people. What kind of message are we sending to the future immigrants that come to the u.s when we punish & demonize the successful.

First...absent a two month stop-gap...there is NO BILL, so....what?

Second...who is demonizing or punishing the succesful?

Cuz if I have followed the news for the past 5 years we have done everything in the world to favor the successful....we even allowed them KEEP THE PROFITS...THEN SOCIALIZED THIER LOSSES! Taxpayer bailouts.

How does giving a measley tax break to the other 99% qualify as punishing the successful?

The GOp held the country hostage to extend the tax break for Millionaires...now they are holding the country hostage to prevent tax breaks for the middle class.

No one hates success...but the USA was founded on the premise that it was an EQUAL PLAYING FIELD for ALL.

" Payroll tax fight “harming the Republican party”

That isn't an Obama aide talking...that is John McCain

“It angers me that House Republicans would rather continue playing politics than find solutions, Their actions will hurt American families and be detrimental to our fragile economy. We are Americans first; now is not the time for drawing lines in the sand.”"

and that is Sen. Scott Brown (R-Mass.)

Add to that chorus...
Sen. Dean Heller (R-Nev.)
Sen. Dick Lugar (R-Ind.)

And growing......

Let me get this straight. As I understand it the "payroll tax cut" is a reduction in the employee contribution to FICA: Social Security, of 2%, so instead of paying in 7 and some odd % into FICA you'll be paying 5 and some odd % into Social Security.

Now, add into this the fact that the Social Security fund is under stress and will run out of money in a few years. Medicare runs out in 2024. Social Security runs out in 2036. That doesn't mean it would be gone. If they paid out 80%, it would last a lot longer. Understood.

I also believe Social Security is paying out more than it is taking in, which is recent. The deficit for 2011 will be $46 billion.

OK, so the solution to all this is to pay LESS into Social Security? And everybody is up in arms why? Because they don't want to continue this temporary reduction?

The whole thing is absurd.

why would someone who doesn't earn $250,000 a year vote republican ?

not rhetorical, I'm curious

reply to post by Vitchilo


the middle class is gona have to pay for the # ups of all the classes now!

THIS IS UNACCEPTABLE..

UGHHHHH WTF IS WRONG WITH THESE IDIOTS?!?

I WANT THEM WORKING 24/7 UNTIL THEY GET THEIR *ISH TOGETHER.
CHRISTMAS INCLUDED.

For crying out loud- they only work 1/3 of the year and most of that time is just sitting on their fat rear ends debating who has the best smelling farts.
Can't we do something?!
maybe...
citizen's arrest of congress?!
Sounds good to me

OUR PUBLIC SERVANTS-
our 'TRUSTEES-
JUST GAVE US TWO GIANT MIDDLE-FINGER-F-U's so they can go relax and stuff their faces (like they do already 9 months out of the year)

You think any CEO/Beneficiary would ever put up with this kind of behavior?
Hell-to-tha-NO.

Hey Trump- you wanna help us out with this one...?

reply to post by Indigo5


You can't give a tax break to the 99%, because only 53% pay taxes...the rest just take.