Payroll tax fight

[Karma]

The republicans are doing all they can to derail efforts to extend payroll tax cuts that, if expired, would see most average working persons/families payroll tax increase by $1000.

Despite efforts to compromise, the apparent growing chorus from the right is "the only way we'll pass this is if you extend the bush era tax cuts for the wealthy too."

So I find it interesting that the republicans, known for their anti/cut taxes mantra would pull a stunt like this but now that they've tied it to preserving tax breaks for the wealthiest (whose income has GROWN as the GAP between the rich & poor widens & as the "middle class" continues to SHRINK & disappear).

I also find it odd how one republican senator in particular, who was expressing his reasons for opposing any effort to renew the payroll tax cuts, kept referring to the top 2% in the country as "the job creators."

Yeah RIGHT! who does he really think BUYS THAT? :haha:

Meanwhile, the "average" (though I dare say that you WON'T find too many ppl/families making $50k/annually anymore) working person/family stands to lose out again.

Anybody else here following this?

 

[Karma]

update

Democratic, Republican payroll tax cut extension plans both blocked by Senate - 2chambers - The Washington Post

------------------

This happened TODAY. There have been FOUR votes in the past two weeks to extend tax cuts for the middle class via the Obama payroll tax cut. Economists have said that this will add a tremendous stimulus to the economy since Republicans will not support investments in American infrastructure.

Let's continue to call this what it really is: The Republicans are so desperate to see Obama fail that they're sabotaging the American economy.

Is there ANY OTHER WAY to see it?

 

[Clara Oswald]

Well since you posted an article from a liberal newspaper, I couldn't possibly consider that article accurate

But did you not read that the Republican plan was blocked as well? Why is it the Republicans fault? The Democrats are NOT bipartisan in anything.

If anyone is sabotaging the American economy it is OBAMA with his idealist-based, impractical and just WRONG policies. The answer to every problem cannot be to tax the wealthy - eventually, there will be nothing left. It sounds great in a soundbyte, but you actually need sound policies that will grow the economy into the future, not just put a bandaid on the problem. And when you make tax cuts, you have to PAY for them somehow, not just use creative accounting and spend the same money five different places and hope the American people aren't paying attention.

 

[Karma]

Well since you posted an article from a liberal newspaper, I couldn't possibly consider that article accurate

touche LOL

But did you not read that the Republican plan was blocked as well? Why is it the Republicans fault? The Democrats are NOT bipartisan in anything.

If anyone is sabotaging the American economy it is OBAMA with his idealist-based, impractical and just WRONG policies. The answer to every problem cannot be to tax the wealthy - eventually, there will be nothing left. It sounds great in a soundbyte, but you actually need sound policies that will grow the economy into the future, not just put a bandaid on the problem. And when you make tax cuts, you have to PAY for them somehow, not just use creative accounting and spend the same money five different places and hope the American people aren't paying attention.

i tend to think its the tea party people, who have dragged the republicans (who sold their collective soul to use the tea party to try to take back congress) further out to the right, that have sabotaged this as they have most everything else since they took power but lets remember Boehner & Mcconnell BOTH said on TV that their "top priority was to see obama a 1 term president." NOT jobs, NOT fixing the economy...seeing OBAMA FAIL :sure: who's not being bi-partisan? Obama spent the first two years in office trying to reach across the aisle only to have his hand slapped away, to be disrespected & obstructed every step away.

taxing the wealthy isnt the solution to everything BUT its something that needs to happen regardless b/c they DON'T PAY THEIR FAIR SHARE. Corporations too! THEY spend more money lobbying than they do paying taxes a YEAR. It's not right! Let someone like you or me not pay our taxes for a year or two & the IRS will be beating down the door.

Even members of Reagan's own economic team have gone on record NOW saying that the bush era tax cuts need to expire & that continued tax breaks for the wealthy & corporations (who have shipped most of our infrastructure & jobs overseas ) is NOT helping us.