FUGOP. FUBHO.
If there was a real seperate fund for Social Security and Medicare, the pub position would make sense. The reality is there isn’t, so a tax is a tax. Money from payroll taxes is not treated any differently than other taxes. So yeah, in practical terms it is raising taxes on the middle class. Add to that millions of people whose unemployment extensions are about to be eliminated, and it’s political idiocy by the Stupid Party, and a huge gift to Obama.
If there was a real seperate fund for Social Security and Medicare, the pub position would make sense. The reality is there isn’t, so a tax is a tax. Money from payroll taxes is not treated any differently than other taxes. So yeah, in practical terms it is raising taxes on the middle class. Add to that millions of people whose unemployment extensions are about to be eliminated, and it’s political idiocy by the Stupid Party, and a huge gift to Obama.
If there was a real seperate fund for Social Security and Medicare, the pub position would make sense. The reality is there isn’t, so a tax is a tax. Money from payroll taxes is not treated any differently than other taxes. So yeah, in practical terms it is raising taxes on the middle class. Add to that millions of people whose unemployment extensions are about to be eliminated, and it’s political idiocy by the Stupid Party, and a huge gift to Obama.
The payroll tax is what is deducted from my paycheck and that amount is credited to my Social Security account.
Doesn’t taking less from my paycheck now mean putting less into my Social Security account, which means I will get a smaller Social Security retirement benefit check in the future?
I would like to propose “Congressmen Flogging” as a new Olympic sport.
I will be the Michael Phelps of this sport.
I say vote against it. Regardless of whether there is a real pot of money for SS or not, all the Food Stamp President wants the tax break and unemployment extension for is to buy votes now with payment due on your grandchildren’s backs!
Good for him, I did not think the gutless GOP weasels would move so fast to join the Dems in defunding SS & Medicare.
Sets it all up to do away with SS, make it a means tested welfare program and take those on Medicare and shift them into Obamacare.