General Discussion

hakko936

(77 posts)

16. I agree.....

Tue Jan 1, 2013, 10:42 AM

Jan 2013

While the politicians are thumping their chest about raising taxes on the rich, there is nothing being said about the fact that all of the average workers are losing an additional 2% of their income to the payroll tax. That tax increase has gone un-noticed by those who were completely focused on taxing the rich.

What should have been done was to leave the payroll tax "as is" and then move the cap to $250,000. You might have even been able to lower the rate a bit if you did that. Instead, the politicians have spoon fed us what we wanted and stuck a knife in our back as we cheered them on.

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It's a new day of a new year, the Bush tax cuts for the rich are dead and Obama is coming back [View all] MrScorpio Jan 2013 OP

Cheers to that! darkangel218 Jan 2013 #1

We have much to be happy about at this time. Firebrand Gary Jan 2013 #2

+1 Buzz Clik Jan 2013 #3

Correction: the "rich" get those tax cuts, too TahitiNut Jan 2013 #4

Like I said, it ain't perfect MrScorpio Jan 2013 #6

they get those cuts & i believe they also get to keep the bush-era lower taxation of dividend HiPointDem Jan 2013 #7

I heard capital gains tax going to 20% from 15%. For everyone. nt Honeycombe8 Jan 2013 #20

This is true. Some people are having trouble understanding that the new rich tax rate is about 36% Honeycombe8 Jan 2013 #21

We need more people like you on DU... Comrade_McKenzie Jan 2013 #5

Let's roll up our sleeves and get the job done. In_The_Wind Jan 2013 #8

Even Fox News is reporting that the country is moving left. Flatulo Jan 2013 #9

Happy New Year, Mr. S. K&R! nt Kahuna Jan 2013 #10

K&R. I agree that we have much more to do, but think of how the world Squinch Jan 2013 #11

(((( President Obama )))) Callalily Jan 2013 #12

nicely said lillypaddle Jan 2013 #13

No.. The payroll tax cut is dead Chico Man Jan 2013 #14

I agree..... hakko936 Jan 2013 #16

To be clear: The Bush tax cuts for the rich are NOT dead. They have been partially enshrined. Honeycombe8 Jan 2013 #15

that requires people to think, H Skittles Jan 2013 #19

Oh Yeah! brush Jan 2013 #17

K & R Scurrilous Jan 2013 #18