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Igel

(37,440 posts)

93. They're using the terms properly.

Mon Oct 19, 2015, 11:03 AM

Oct 2015

The payroll tax is legally part of the income tax but refers precisely to FICA and Medi.... Most of the time "income tax" is contrasted with "payroll tax" in exactly this way.

Employers currently match the worker payroll tax. That doesn't need to be the case for any new tax, of course.

Currently those in the bottom 40% of households pay zero or close to zero federal income tax and raising the bottom rates wouldn't affect those in the bottom 35% or so much at all, between deductions, exemptions, tax credits, etc. They do, however, pay payroll tax.

If you want the smallest tax increase possible, include everybody. If you want to dedicate the tax to something in particular, the payroll tax method is the way to do it--it's dedicated to certain entitlement programs and doesn't muddy the semantic waters.

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Sanders Endorses Small Tax Hike On All To Fund Family Leave [View all] big_dog Oct 2015 OP

What does Sanders estimate the cost of this program will be? Thinkingabout Oct 2015 #1

If other countries like Hungary and Austria (used to have this kind of leave) JDPriestly Oct 2015 #6

In order to get the program passed in Congress and if it is to be paid with increased income taxes Thinkingabout Oct 2015 #18

You can figure it out. JDPriestly Oct 2015 #63

Wrong on the employers paying half of the payroll tax sum, employers does not match the income tax, Thinkingabout Oct 2015 #78

They're using the terms properly. Igel Oct 2015 #93

If you look at the Form 941 which employer files and go to line 3, you will find the words Thinkingabout Oct 2015 #98

Australia pays a lump sum forr 129 days. We would not have to replace the full income JDPriestly Oct 2015 #114

i believe he said his team is working on the particulars restorefreedom Oct 2015 #105

What I thought, increase in taxes to the people struggling to make ends meet. Thinkingabout Oct 2015 #107

we don't know how it is structured. restorefreedom Oct 2015 #109

yes, you do pay for it already w0nderer Oct 2015 #45

there's just not the same logical rationale for paid child leave I'm afraid redruddyred Oct 2015 #69

waow didn't even mention that one w0nderer Oct 2015 #71

Yeah, I'm not really good with this either. JoeyT Oct 2015 #81

It's certainly not going to drive me away, but same I don't agree with it. Then again I would MillennialDem Oct 2015 #88

+1000 smirkymonkey Oct 2015 #138

I just want to know how all of these programs are going to get paid. You can't reach in the air and Thinkingabout Oct 2015 #77

You really can just reach into the air to pay for it Yupster Oct 2015 #82

Yes, just like we reached into thin air TM99 Oct 2015 #86

In fairness, we would have grabbed even more out of thin air, but that patch went to the wars. MillennialDem Oct 2015 #89

Defense budget cuts, imo. MillennialDem Oct 2015 #90

I heard talk the proposed programs was going to cost a lot, don't know if $19 Trillion but it will Thinkingabout Oct 2015 #106

$ 19 trillion Yupster Oct 2015 #130

Got $509 B in the defense budget n/t lancer78 Oct 2015 #83

DOD takes most of the discretionary spending n/t TexasBushwhacker Oct 2015 #125

We.are.going.to.TAX TBF Oct 2015 #104

Bernie's %47 moment: Taxing the Working poor too! AllTooEasy Oct 2015 #70

It'll be OK, Hillary. Elmer S. E. Dump Oct 2015 #76

5$ a head. Elmer S. E. Dump Oct 2015 #75

Well worth while. The nice thing about the payroll tax is that the money goes to you and me. JDPriestly Oct 2015 #2

How does it go to me? Capt.Rocky300 Oct 2015 #3

Are you still paying payroll taxes? dflprincess Oct 2015 #9

That was my take on it but...... Capt.Rocky300 Oct 2015 #11

Well, he didn't say it but I'm guessing employers pay TexasBushwhacker Oct 2015 #29

Employers only match FICA and Medicare, they do not match employee income tax deductions. Thinkingabout Oct 2015 #79

Sanders said it would be a .2% increase in payroll tax TexasBushwhacker Oct 2015 #111

Yes FICA and Medicare is matched which is different than Federal Income Tax, it is not matched by Thinkingabout Oct 2015 #112

Well, since it isn't law yet TexasBushwhacker Oct 2015 #120

Bernie's being honest. The fact is, you cant JUST tax the rich and pay for it all 7962 Oct 2015 #42

You're a little off PSPS Oct 2015 #49

"income" is one thing, "assets" are another. Only 6 people made a billion in a year, 7962 Oct 2015 #72

Why are we in a world of shit if we raise taxes on capital gains and carried interest? MillennialDem Oct 2015 #91

You're not. Igel Oct 2015 #94

I agree, but raising taxes on people making less than... Capt.Rocky300 Oct 2015 #51

From the article TexasBushwhacker Oct 2015 #116

Read this article and feel the shame. JDPriestly Oct 2015 #12

JD, you misunderstand my point.... Capt.Rocky300 Oct 2015 #20

But if the minimum wage is raised significantly TexasBushwhacker Oct 2015 #30

Good point, but..... Capt.Rocky300 Oct 2015 #34

I'm one of those people and I don't even have kids! TexasBushwhacker Oct 2015 #41

But a PAYROLL tax will eat into that "raise". George II Oct 2015 #37

.2% - One fifth of one percent TexasBushwhacker Oct 2015 #117

To the Greater Good LynnTTT Oct 2015 #33

My parents once complained about having to pay for schools newthinking Oct 2015 #40

Hey, I never had kids and never will TexasBushwhacker Oct 2015 #43

there are too many kids being born today redruddyred Oct 2015 #68

I agree with you. Cut the Birth subsidies (but maintain good schools) newthinking Oct 2015 #85

While I agree with you, suggest cutting tax deductions TexasBushwhacker Oct 2015 #127

You had better start telling Republicans to lay off Planned Parenthood if that is the way you feel Stargazer99 Oct 2015 #99

no kidding redruddyred Oct 2015 #133

Payroll Tax = Social Security maxsolomon Oct 2015 #121

It also comes from you and me, it certainly doesn't come from anyone NOT on a payroll, like.... George II Oct 2015 #7

Bernie wants to change that by raising the cap on income subject to Social Security. JDPriestly Oct 2015 #14

These guys do not pay payroll tax, they pay on dividends and capital gains. Thinkingabout Oct 2015 #25

That is not laid in stone. JDPriestly Oct 2015 #64

Are you proposing that capital gains and dividends, in addition to the current income taxes paid, kelly1mm Oct 2015 #101

I'm saying that the money that is paid out for social programs that benefit our whole country JDPriestly Oct 2015 #113

IMHO everyone under retirement age TexasBushwhacker Oct 2015 #119

Bernie is running on a plan to change the tax code. JDPriestly Oct 2015 #65

We were told here on DU that he would only raise taxes on the 1% leftofcool Oct 2015 #4

I think it went something like..."he would only raise taxes BY 1%, on the 99%"! George II Oct 2015 #8

"Bernie lost me with the Robin Hood Tax" red dog 1 Oct 2015 #31

Payroll taxes are regressive taxes - they tax workers' pay. How much "pay" do billionaires get? George II Oct 2015 #5

Vote for Bernie and you will find out. Bernie plans to raise the cap on payroll taxes JDPriestly Oct 2015 #15

The only rich who will pay are those on the "payroll". George II Oct 2015 #23

Maybe we need "payroll" taxes on all income TexasBushwhacker Oct 2015 #36

Yeah - the other day I bought a CD Yupster Oct 2015 #84

The payroll taxes currently apply to bonuses. Igel Oct 2015 #95

As I've been saying from the start, the revolution is BainsBane Oct 2015 #19

Don't tax you, don't tax me, tax that guy behind the tree! bluestateguy Oct 2015 #10

This will hurt him ram2008 Oct 2015 #13

+ 1 red dog 1 Oct 2015 #21

No. The only other countries in the world that do not provide paid leave of some sort JDPriestly Oct 2015 #24

No? red dog 1 Oct 2015 #48

It's a 0.2% tax. joshcryer Oct 2015 #50

What bothers me is that the tax is regressive BainsBane Oct 2015 #16

No wonder he's supported by a significant bloc of conservative voters George II Oct 2015 #26

Funny that it's the Clinton supporters sounding like the Cato Institute on this thread, then Scootaloo Oct 2015 #58

You don't have any idea about it but you expect upaloopa Oct 2015 #126

I expect to not read Heritage Foundation-sounding shit on Democratic Underground Scootaloo Oct 2015 #132

Well aren't you the Betty Bowers of upaloopa Oct 2015 #136

I know tea party tax-rants when I see 'em Scootaloo Oct 2015 #137

Tell me this BainsBane Oct 2015 #17

Everyone i know has paid leave where they work. But thats just me 7962 Oct 2015 #46

A lot do. Igel Oct 2015 #96

At least he's truthful zentrum Oct 2015 #22

That is one of his other proposals, to be funded by stock trades. He's looking more and more....... George II Oct 2015 #27

That tax is supposed to pay for college tuition, it sounds really good but will be really hard to Thinkingabout Oct 2015 #28

The tax on Wall Street trades is to cover the free college tuition. JDPriestly Oct 2015 #32

Oh right—College. Thanks. zentrum Oct 2015 #39

But what Bernie is suggesting is just a wiser way to pay for things we pay for anyway. JDPriestly Oct 2015 #61

Hope Bernie will map zentrum Oct 2015 #124

"millions every year" wont touch the cost nt 7962 Oct 2015 #47

It's closer to billions really. zentrum Oct 2015 #55

OMG! Paying for something that will help families! neverforget Oct 2015 #35

2%, 3% OK with me LynnTTT Oct 2015 #38

I agree red dog 1 Oct 2015 #57

No thanks, Bernie. We have enough niggling little regressive taxes in this country Warpy Oct 2015 #44

That's the tax that will fund college tuitions TexasBushwhacker Oct 2015 #131

Great endorsement of the FAMILY Act. joshcryer Oct 2015 #52

OK. Getting real. I'm certainly willing to pay higher taxes if I can PatrickforO Oct 2015 #53

I thought the Rich was going to foot the bill? itsrobert Oct 2015 #54

+ 1 red dog 1 Oct 2015 #59

If Bernie supporters still think that he can win the presidency with this quote.... Yavin4 Oct 2015 #56

I'm a Bernie supporter; but I don't think he can win the presidency... red dog 1 Oct 2015 #60

Unfortunately, I agree that this was not a smart move Art_from_Ark Oct 2015 #66

This has no effect on the nomination. joshcryer Oct 2015 #80

I think Bernie is right but America won't and this is a losing fight. Drunken Irishman Oct 2015 #62

this is the only part of the platform I disagree with redruddyred Oct 2015 #67

Reasonable Android3.14 Oct 2015 #73

I'm very surprised a democratic socialist would impose a regressive tax. nt Nitram Oct 2015 #74

After that remark I'm wondering which side of the political fence you are on Stargazer99 Oct 2015 #100

Unless the two sides of the fence are "rather liberal" and "very liberal"... Nitram Oct 2015 #135

Cost of this program lancer78 Oct 2015 #87

Doesn't that assume that each of those births is by a working woman? B2G Oct 2015 #92

Which would make this cheaper still. n/t lancer78 Oct 2015 #97

I don't like what I am reading on this thread. azmom Oct 2015 #102

A .02 tax is a lot of money to a lot of folks Yavin4 Oct 2015 #110

There is always some fucking justification for azmom Oct 2015 #115

I agree. It's not unlike paying property taxes to TexasBushwhacker Oct 2015 #123

I'm not having any more children and the azmom Oct 2015 #128

Well said. (n/t) Nihil Oct 2015 #134

good idea. n/t MBS Oct 2015 #103

Fox is worried too portlander23 Oct 2015 #108

Why not just lift the cap on income subject to SS enough to cover the cost? yellowcanine Oct 2015 #118

Bernie wants to do that as well maxsolomon Oct 2015 #122

" All workers would face a slight payroll tax hike." Wabbajack_ Oct 2015 #129