That’s the shell game, baby!
Big talk on the media about the $13 bump "working people" will see in their pay checks as early as next week.... Yet what about self-employed? And then, of course, most will actually see smaller checks (or bigger tax bills) once the cuts are phased out. But notice that the MSM isn't making a big deal about the cuts ending. Just the little $13 penance for working payroll stiff...
Everything about this administration is a FRAUD!
The beauty of Obama’s plan is the $8.00 a week “payroll tax cut” comes out of the Social Security contribution that everyone pays, even the underachievers. So their tax break will remain intact, while the rest of us will see our $8.00 a week swallowed up in the massive 2010 tax increase. The irony, is that we will also be the ones asked to pay for the payroll tax cut, which only causes the Social Security system to collapse faster than it already is.
It is a sham, the extra 13 or 8 or whatever you will be receiving is NOT matched up a marginal tax rate cut. So come April 15 you will pay more in taxes [if you owe], [because less was withheld] get back less [because less was withheld] or if you are really unlucky be penalized for not paying enough in the first place.
Such is the miracle that is OBAMANOMICS!!