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apples and oranges

(1,451 posts)
Sat Jan 5, 2013, 11:01 AM Jan 2013

I know my timing couldn't be worse, considering all the recent attention from Rush & his trolls [View all]

but in the past few days I've had to correct a lot of people about the payroll tax holiday. I know most DUers already understand the need for FICA taxes to sustain Social Security, but a lot of people who aren't as informed just see a smaller check and feel screwed. There is a lot of anger and confusion surrounding it and many people think it was President Obama's idea to end it, when in fact it was congress that decided to let the tax holiday expire. President Obama actually wanted to keep the payroll tax holiday in place, but both republicans and democrats had their own reasons for not extending it:

The change, affecting the largest number of taxpayers, follows the expiration of a temporary 2 percent reduction in the Social Security payroll tax. President Obama had requested that the lower 4.2 percent rate be extended, but lawmakers declined.

http://www.bostonglobe.com/business/2013/01/03/higher-earners-mass-due-pay-more/30AuICI5nI3Wn7A6j5w8ZN/story.html


Most media outlets are doing nothing to help Americans understand what's really going on, and why ending the tax holiday is important. Instead, they're using sensational headlines like "Obama's wrong: This 'cliff' deal still raises taxes on the middle class" or "Democrats Raise Taxes on Poor to Subsidize Millionaires."

I think it's time for another speech. Obama can't let all the confusion hang out there especially when we need to keep our momentum for 2014. You can call me "concerned," but there is no way unlikely/swing voters will vote democratic in 2014 if they feel their checks being cut are a direct consequence of voting for Obama. I hope I'm wrong. I hope that people barely making ends meat will understand that the increase is for their own good, but I can't help but think this will lead to a fresh new wave of fresh teabaggers.
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The Republicans wanted the payroll tax increase because it showed Obama raising taxes plethoro Jan 2013 #1
Yeah, and maybe Obama could remind the GOP that Reagan raised taxes 11x, 9x on the middle class. JaneyVee Jan 2013 #2
K&R SunSeeker Jan 2013 #3
Agree he should address the nation about this Freddie Jan 2013 #4
Here's an interesting take on how the Rs are portaying this: 2naSalit Jan 2013 #5
I've had to corrrect a lot of people hfojvt Jan 2013 #6
Roughly as predictable as gravity.. Fumesucker Jan 2013 #7
Oh Really? (O'Rielly get it?) xtraxritical Jan 2013 #15
good idea warrprayer Jan 2013 #8
It was an extremely bad idea that can't be explained in sound bites TheKentuckian Jan 2013 #9
Well here is the bottom line humbled_opinion Jan 2013 #18
We paid more in FICA 10 years ago than we do today. IowaGuy Jan 2013 #10
You did not pay more. former9thward Jan 2013 #19
Obama and Congress gave those who pay payroll taxes a 2-year or so holiday during which JDPriestly Jan 2013 #34
Here is what the poster said: former9thward Jan 2013 #39
I know that I paid the full amount and that President Obama, as part of the most recent stimulus JDPriestly Jan 2013 #40
to bad we couldn't have a discussion about making the 2% permanent and getting even by klyon Jan 2013 #11
WOW your post makes too much sense for some here.... n/t humbled_opinion Jan 2013 #16
+1 NCTraveler Jan 2013 #22
If you makes the 2% permanent, employers would want their shared matched and that would officially plethoro Jan 2013 #30
We should raise the cap. JDPriestly Jan 2013 #35
Media outlets don't explain anything about any of our programs, whether its SS or Medicare or dkf Jan 2013 #12
No. Obama should never have given the holiday in the first place. JDPriestly Jan 2013 #13
He shouldn't have given the holiday abelenkpe Jan 2013 #14
Michael Hudson is, of course, right. But the political will to, for example, fund Social Security JDPriestly Jan 2013 #33
Enjoy your stay; greiner3 Jan 2013 #28
Justifying it might be a lot easier if we didn't still have massive tax breaks for the 1% bread_and_roses Jan 2013 #17
Restoring FICA is the right thing to do... shrdlu Jan 2013 #20
Good and informative post. NCTraveler Jan 2013 #21
Are you aware that RUSH LIMBAUGH used your post on his show? JaneyVee Jan 2013 #36
Yes. Do you have anything to say about the post you are replying to? nt. NCTraveler Jan 2013 #41
Nobody could have seen this coming... hay rick Jan 2013 #23
Too bad others, self included, weren't as astute. shrdlu Jan 2013 #25
Just a few quick points and you may not like them.... OldDem2012 Jan 2013 #24
I wish you the very best of luck in this new year, sir. Your post rings with a certain plethoro Jan 2013 #31
Thanks, and I sincerely hope that YOU become decidedly more optimistic. nt. OldDem2012 Jan 2013 #32
There are ways of having a 4.2% rate for lower wage workers and paying into Social Security. bluestate10 Jan 2013 #38
"Most media outlets are doing nothing to help Americans understand what's really going on," nt patrice Jan 2013 #26
And lost in all of this is the fact that PO apparently didn't think that we NEED to end the holiday. patrice Jan 2013 #27
You're timing couldn't be better..... wandy Jan 2013 #29
Obama still has the upper hand on the debt ceiling and sequestration. bluestate10 Jan 2013 #37
This isn't going to be a problem ... and this is why ... JoePhilly Jan 2013 #42
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