GOP may OK tax increase that Obama hopes to block, page 2
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reply posted on 22-8-2011 @ 09:43 AM by OutKast Searcher
reply to post by mishigas



True...some dems are concerened that the extension of the tax break may harm SS as a whole because of reduced revenue for the program. However, I don't see this as a contradiction in their stance...they would like to do both, but realize that doing one may harm the other.

On the other hand, Republicans continually talk about how they will never raise taxes and that raising taxes now on "anyone" (read: rich people) is a bad idea. But this just shows that when they say "anyone"...it truly does mean just the rich...not the working class.


reply posted on 22-8-2011 @ 01:28 PM by mishigas
reply to post by OutKast Searcher



reply to post by mishigas


True...some dems are concerened that the extension of the tax break may harm SS as a whole because of reduced revenue for the program. However, I don't see this as a contradiction in their stance...they would like to do both, but realize that doing one may harm the other.

On the other hand, Republicans continually talk about how they will never raise taxes and that raising taxes now on "anyone" (read: rich people) is a bad idea. But this just shows that when they say "anyone"...it truly does mean just the rich...not the working class.


I agree, and actually side with the Dems...how can we justify cuts in funding for SS regardless of where they come from. I also do not understand the justification of a cap on deductions based upon income -- that is prejudiced toward lower incomes.

And finally, the Rep's stance is very puzzling to me.

But then again, this is politics, where nothing is logical.



reply posted on 22-8-2011 @ 04:12 PM by whaaa
reply to post by pirhanna



Remember this............




How'ed that work out for ya George?


reply posted on 22-8-2011 @ 09:16 PM by mishigas
reply to post by whaaa



Well, that's what happens when a Rep prez works with a Dem controlled Congress, eh? Even Reagan got fooled by the lying Dems, who promised spending cuts in return for taxes.

And technically, there were no NEW taxes in the budget compromise.


reply posted on 22-8-2011 @ 11:02 PM by whaaa
Originally posted by mishigas
reply to
post by whaaa



Well, that's what happens when a Rep prez works with a Dem controlled Congress, eh? Even Reagan got fooled by the lying Dems, who promised spending cuts in return for taxes.

And technically, there were no NEW taxes in the budget compromise.


I gave you a little blue star for even having the guts to defend papa Bush even after most of the GOP has thrown him under the bus and trying to distance themselves from the neocons as far as they can.


reply posted on 26-8-2011 @ 01:54 AM by The Old American
Originally posted by OutKast Searcher

And now Obama wants to extend that for at least one year...there is only one little problem....REPUBLICANS. They don't want you to have that extra cash...they want to raise your SS tax up 2%...they want to stick it to the group of people that need this extra cash the most.


I posted this on another thread about this, but it fits here:

When Obama lowered the FICA contribution by 2%, he put a little bit of cash in every wage earner's pockets. That's a positive thing, right? Well, it depends on how you look at it.

Social Security was sold and designed as sort of a savings account, or insurance (thus the "contribution" and "benefit" terms associated with it, even though it's nothing more than a tax). So, in effect, when he lowered the "contribution" amount he robbed the piggy bank and circumvented the whole reason behind it. You can't have a savings if you pull money out of it.

It's almost certain that even if anyone noticed that their paycheck was slightly bulkier, they probably didn't put it together that the 2% they just gained (and spent), is 2% they won't have when they turn 62. And it's even more unlikely that any significant amount of people took that extra 2% and put it aside for savings or, heaven forbid, invested it.

The way I've heard it from the Progressives is that grandma absolutely [can't live without even one dime being taken from her SS check. And yet our Lord and Savior Obama took 2%. Interesting, isn't it, that now that the GOP wants to restore that 2%, they get kicked in the teeth and called evil, greedy elitists by the very same people that that throw a hissy any time someone even hints at SS reform?

/TOA


reply posted on 26-8-2011 @ 08:01 PM by David9176
reply to post by The Old American



Eliminate the cap of 106k. Anything anyone makes over that currently isn't taxed...which is BS. Change it, and SS is in good shape.

That's why the "we are for fiscal responsibility" is a bull coming from the GOP.

In the one instance we know of, they are willing to increase taxes...but wait...that's not actually true either.

Republicans were willing to let ALL of the Bush tax cuts expire. They would not agree to keeping the middle class cuts only...the wealthy had to keep it as well or everyone's taxes went up.

Obama didn't want to raise taxes on the middle class so he caved.
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