Obama not only screwed you out over a one year tax break, you screwed you totally , 100% , and John Boehner caved in completely and complicitly in the charade
This extension is a joke.
Gee whiz. I’ll be the first to say it. It’s a feature, not a bug.
Democrats fervently support tax cuts that can’t be implemented. Perhaps someone should explain this to the WSJ Editorial page.
Right. Of course it can’t be implemented, you dopes in the House! But you should have passed it, claimed the high ground on tax relief, and then come back in 2 weeks and fight like hell for the 1 year deal. Instead you screwed it up - AGAIN. Just like the last time you pantywaists decided to show Obama who’s boss.
Keep it up and you’re going to turn the gavel right back over to Nancy Pelosi, and then you will have something to cry about, Boehner!
Mele Kalikimaka Suckers!!! That goes to you GOOBers in the House too!!! Don’t spend all of that 40 bucks I just saved you. Keep it in your pocket. You’re going to need it for your electrical bills next year - Barry O
2 Month Payroll Tax Holiday Passed By Senate... President, Can`t Be Implemented Properly, Experts
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Thats not exactly true, the four week congressional vacation will happen like clockwork.
btw, Boehner has a history of caving, but this time it was partly because of the Wall Street Journal. Did any of us vote for the WSJ?
It doesn’t matter if it can be handled properly or not.
It’s all poliical BS anyway and Boehner caved.
Officials from the policy-neutral National Payroll Reporting Consortium, Inc. have expressed concern to members of Congress that the two-month payroll tax holiday passed by the Senate and supported by President Obama cannot be implemented properly.
Actually, I see a way to do this that doesn't affect businesses at all -- they can run all their existing software and payment systems without change. It's simple: every pay period, the United States Government takes each employee's FICA contribution and rebates the 2 percent reduction directly to the employee. To reduce the cost, the rebate can be paid via direct deposit, instead of paper checks and postage. (Sorry Post Office, you don't get a windfall.)
Then it's up to government to figure out how to implement the change, not all the businesses. One group, instead of hundreds of thousands.
There, problem solved.
I thought this was not a tax cut but an extension. Their pay check for January and February will be the same or did I miss something. Then King Obama will extend the extension for another 10 months during the next year to use as a vote getting scheme. And it will work because millions of Americans are blind to their lost of their Country to communists.
Suicide rates among accountants in CT, go off the charts!
I wonder if the OWS will talk about the greed of the 99% who just had to have the $20 - $200 a month to spend at the cost of a couple hundred billion dollars for the SS fund. I wonder if the WSJ will be demonizing the 99% for the SS fund shortage in a couple years. This whole fiasco will not create a single job but will buy a lot of sheeple votes.
It's frightening that these bozos control the financial future of everyone in the country. They just have no concept that what they do has consequences on the rest of us. And it's pretty obvious that when those consequences are pointed out, they just don't give a damn, as long as they get theirs.
Mark