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hfojvt

(37,573 posts)
31. no, what I value is
Sun Feb 10, 2013, 06:02 AM
Feb 2013

tax breaks for the poor over tax breaks to the rich

and the accursed payroll tax cut is a tax break for the rich

you still cannot figure out that 2% of $114,000 is far, far more than 2% of $14,000.

(hint: one of them is $2,280 and the other is $280)

That other things could have done is very meaningful because other things might have been tax breaks for the poor. The accursed payroll tax cut was done though, because it is a tax break for the rich.

It gave $52 billion to the richest 20% and only $30.4 billion to the bottom 60%.

I don't understand how people can not see that as a tax break for the rich. I guess a bunch of lies from politicians and the mass media mean more to some people than basic math.

Recommendations

0 members have recommended this reply (displayed in chronological order):

The payroll tax holiday expiration should have been offset with income tax cuts for low income n/t Fumesucker Feb 2013 #1
I think bigapple1963 Feb 2013 #28
I always thought the tax holiday to be a bad idea Sherman A1 Feb 2013 #2
The goal was to boost the economy. Historical data shows that the best way to boost bluestate10 Feb 2013 #8
My understanding was that other historical data Sherman A1 Feb 2013 #12
my historical data shows hfojvt Feb 2013 #15
OMG BainsBane Feb 2013 #30
no, what I value is hfojvt Feb 2013 #31
Not at all jmowreader Feb 2013 #29
I'm jealous they could afford a monthly date night before magellan Feb 2013 #3
More proof that money in the hands of lower income and poor stimulates the economy libtodeath Feb 2013 #4
Your remark captures the real tragedy. (nt) DreamGypsy Feb 2013 #5
As if proof and facts matter when it comes to funding our servitude. +1 n/t Egalitarian Thug Feb 2013 #6
what proof and facts though? hfojvt Feb 2013 #16
It is not a issue with the numbers but what they did with it libtodeath Feb 2013 #17
+1 HiPointDem Feb 2013 #22
Maybe I don't understand your question. Are you denying that virtually every penny that the Egalitarian Thug Feb 2013 #24
Not only does this move hurt a lot of working Americans, amandabeech Feb 2013 #7
Tell that to the DU members that were raging on about how the holiday hurt Social Security. bluestate10 Feb 2013 #10
They don't listen, mostly, I think because because they believe that they themselves will amandabeech Feb 2013 #11
Let me tell you what's vastly unfair jmowreader Feb 2013 #18
So perfectly said libtodeath Feb 2013 #23
So a wealthy person that will not need SS when they retire but can still draw the maximum benefit libtodeath Feb 2013 #20
So stimulus works? alcibiades_mystery Feb 2013 #9
I knew it was coming and supported the ending, but it's still a shock. Starry Messenger Feb 2013 #13
Mine went down $60 alarimer Feb 2013 #26
Everything hits low-income Americans hard. Autumn Feb 2013 #14
It really didn't take a rocket scientist to see what would happen to the economy if the middle class DogPawsBiscuitsNGrav Feb 2013 #19
x1000 libtodeath Feb 2013 #21
On the plus side, we won permanent tax cuts for people earning up to $399,000 a year Demo_Chris Feb 2013 #25
The May Think Different When They Hit 65... KharmaTrain Feb 2013 #27
Latest Discussions»General Discussion»Tax holiday expiration hi...»Reply #31