[Dimples]

It would appear that AFFT is also schizophrenic about the disposition of ER payroll tax as well. In the AFFT rebuttal to a "Tax Notes" commentary by Gary Fleischman, the AFFT argues that actual gross wages would INCREASE by the amount of the ER Payroll Tax in an effort to show how much easier it would be for a family to save down payment money for a home purchase.

See Paragraph 24 on page 5, and Paragraph 28 on page 6.

Looks like the AFFT is at it again double counting the alleged benefits.

[lewislynn]

In the AFFT rebuttal to a "Tax Notes" commentary by Gary Fleischman, the AFFT argues that actual gross wages would INCREASE by the amount of the ER Payroll Tax in an effort to show how much easier it would be for a family to save down payment money for a home purchase.

It gets worse.

Karen Walby, AFFT's Director of Research (obviously either not the brightest bulb or just going along with the lie...or both) does the same thing here on pages 2 and 4 for a chosen few.

She also adds the (GAG!) "prebate" to the gross in every example giving each one more "spendable income" than they actually earned, including one earning $100,000.LOL!

I wonder where all that extra cash would come from....So much for "it's not an entitlement".

[pigdog]

Even economists do not agree on this point (and you're not one IAE). Some think the ER portion will go to reduce prices, some think it will go to increase wages and some think some combination of the two.

Sound to me like you're merely wishing to take potshots. Weren't you one of the tribe that claimed the ER portion went to reduce prices to the exclusion of all else???