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W_HAMILTON

(10,346 posts)
1. Yep...
Tue Jan 1, 2013, 01:09 AM
Jan 2013

For all the talk about reducing the burden on the middle (and presumably, lower) class, the payroll tax hike is apparently one of the few tax hikes that won't be adjusted/reduced. Go figure. I am fully for funding Social Security and Medicare, but don't give me bullshit about how we need to bump up the income tax threshold from $250k to $400/$450k because we don't want to hurt people all the while nothing is done regarding the automatic payroll tax increase, a tax increase that will affect a helluva lot more people than those income tax increases. They should have keep the payroll tax cut and increased the taxable threshold or something like that to offset the reduced revenue.

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