tax increase

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tax payer

Henderson, TX

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#1
Jan 13, 2013
 

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this is a killer to familys that live paycheck to paycheck. the tax cut expired january 1st now instead of 4.2 its 6.2%. anyone no if it will get cut again?
just saying

Phoenix, AZ

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#2
Jan 13, 2013
 

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Thats what happens when we vote for the party of higher taxes.

Since: Apr 08

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#3
Jan 14, 2013
 

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just saying wrote:
Thats what happens when we vote for the party of higher taxes.
The original cut of 2% was imposed by the current president. The fact that lawmakers allowed the cut to expire is as much the fault as so called republicans as it is democrats.
TaxEnough

United States

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#4
Jan 14, 2013
 

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I'm quitting my job today. I want to get on the "Government Gravy Train".
truth

Henderson, TX

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#5
Jan 14, 2013
 

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Sterling Marlin wrote:
<quoted text>The original cut of 2% was imposed by the current president. The fact that lawmakers allowed the cut to expire is as much the fault as so called republicans as it is democrats.
Not true. Bush started the tax cut. Obama let it expire. Do ur homework sterling mr knowitall
TaxEnough

United States

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#6
Jan 14, 2013
 

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Bad news. I was informed that the new tax laws were also gonna tax social security checks, welfare checks, mental checks, and unemployment checks. Plus I was the wrong color. So back to work.

Since: Apr 08

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#7
Jan 14, 2013
 
truth wrote:
<quoted text>
Not true. Bush started the tax cut. Obama let it expire. Do ur homework sterling mr knowitall
You are mistaken. The payroll tax cut was implemented by the current president as part of the stimulus package. Do yourself a favor and do a quick google search on "payroll tax cuts". This is not the same as the tax cuts implemented under the Bush presidency.

Since: Apr 08

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#8
Jan 14, 2013
 
Truth if ya get a chance read this it will explain that the current prez enacted this 2% cut two years ago. Bush's cuts were income tax cuts this is a payroll tax also known as social security tax. Two totally different taxes.

http://money.cnn.com/2012/12/19/pf/taxes/payr...

Since: Apr 08

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#9
Jan 14, 2013
 

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truth wrote:
<quoted text>
Not true. Bush started the tax cut. Obama let it expire. Do ur homework sterling mr knowitall
Keep working and maybe someday ya will be just as smart as ol' Sterling but until then ya need to just keep your mouth shut and follow along with me.....LOL
truth

Henderson, TX

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#10
Jan 14, 2013
 

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Sterling Marlin wrote:
<quoted text>Keep working and maybe someday ya will be just as smart as ol' Sterling but until then ya need to just keep your mouth shut and follow along with me.....LOL
http://en.m.wikipedia.org/wiki/United_States_...

Here u go aumbdass

Quit eating so much greasy food and get rid of that belly.
truth

Henderson, TX

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#11
Jan 14, 2013
 

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Sterling Marlin wrote:
<quoted text>Keep working and maybe someday ya will be just as smart as ol' Sterling but until then ya need to just keep your mouth shut and follow along with me.....LOL
Bet u feel pretty stupid now

Since: Apr 08

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#12
Jan 14, 2013
 

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Read the second paragraph of the link ya sent me and you will see that the "Tax relief act of 2010" was allowed to expire. That is the 2% payroll tax break that Obama implemented in 2010. Bush was not in office at that time.What more do ya need to know?.

The payroll tax cut that boosted paychecks for millions of working Americans over the past two years may be on the brink of extinction. What more do ya need to see. Bush's tax cuts were for income tax not payroll tax.

As Republicans and Democrats search for a plan to avert a fiscal cliff, it's looking more likely that the payroll tax holiday introduced under President Obama in 2010 won't be extended. Should this benefit expire, 125 million households would see their paychecks shrink, the Tax Policy Center estimates.

Since: Apr 08

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#13
Jan 14, 2013
 
truth

Henderson, TX

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#14
Jan 14, 2013
 

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Sterling Marlin wrote:
http://en.m.wikipedia.org/wiki /2010_Tax_Relief_Act

Pretty straight forward
Lol. And u are using this to prove your point. It only disproves your so called knowledge.

Since: Apr 08

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#15
Jan 14, 2013
 

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I think most folks that read this will understand that you had the Bush income tax cuts mixed up with the 2% payroll tax holiday enacted in 2010. They are two totally separate items. BTW I noticed that the longer we debated this the more you resorted to name calling which is always a very solid indication that you really dont have much to offer in the discussion so name calling is your next option. Actually this is fairly typical on this forum but I just wanted to point that out to ya. No need for that just because I disagree with ya dont have to resort to such childishness.
truth

Henderson, TX

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#16
Jan 14, 2013
 

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Sterling Marlin wrote:
I think most folks that read this will understand that you had the Bush income tax cuts mixed up with the 2% payroll tax holiday enacted in 2010. They are two totally separate items. BTW I noticed that the longer we debated this the more you resorted to name calling which is always a very solid indication that you really dont have much to offer in the discussion so name calling is your next option. Actually this is fairly typical on this forum but I just wanted to point that out to ya. No need for that just because I disagree with ya dont have to resort to such childishness.
I am quite tired of reading much of your rubbish. I am not confused about anything. The payroll tax cuts were enacted by Bush plain and simple. It's all in the first link I provided for you. You should read it. Pay special attention to the background section. Put the chicken leg down and educate yourself. The payroll tax credit was provided in the bush tax cuts and re adopted by the current administration. You are wrong it that simple.

Since: Apr 08

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#17
Jan 14, 2013
 

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Maybe this will help ya understand. Take note of the 6.2% until 2010 where it then drops to 4.2%. This is about as simple as I can present it to ya.

http://www1.umn.edu/ohr/payroll/tax/wagelimit...
truth

Henderson, TX

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#18
Jan 14, 2013
 

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Sterling Marlin wrote:
Maybe this will help ya understand. Take note of the 6.2% until 2010 where it then drops to 4.2%. This is about as simple as I can present it to ya.

http://www1.umn.edu/ohr/payroll/tax/wagelimit...
Obviously u can't read

Since: Apr 08

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#19
Jan 14, 2013
 

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I am gonna shut this debate down tonight and leave ya with this. Whether ya were just playing devils advocate (and if ya were ya did make me look up a couple informative articles)or maybe you cannot actually accept the fact that Obama was the president that signed into law the 2% cut in payroll tax really makes no difference. I take devils advocate stances all the time. But what ya need to learn is not to lower the debate into name calling. Ya can disagree with me until the cows come home but ya tarnish the debate when ya start the childish stuff.
FYI

United States

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#20
Jan 14, 2013
 

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Apparently 'truth' doesn't understand that in 2010 the Bush tax cuts were extended thru 2012 and more cuts were added which included the 2% payroll tax cut. If Bush had implemented the payroll cut, then we would have had the lower taxes before 2010.

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