|
Printer-friendly format Email this thread to a friend Bookmark this thread |
This topic is archived. |
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
BzaDem (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 12:02 AM Original message |
The payroll tax cut of 2% will not cut one penny from the Social Security trust fund |
Printer Friendly | Permalink | | Top |
Arctic Dave (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 12:42 AM Response to Original message |
1. Uh, yeah. Do you have any relatives from New Jersey? |
Printer Friendly | Permalink | | Top |
Abq_Sarah (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:06 AM Response to Original message |
2. I'm not sure |
Printer Friendly | Permalink | | Top |
bbgrunt (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:24 AM Response to Reply #2 |
3. actually, since you only pay the payroll tax on the first |
Printer Friendly | Permalink | | Top |
BzaDem (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:25 AM Response to Reply #3 |
4. Then just think of it as a 2% tax credit on top of the full payroll tax. |
Printer Friendly | Permalink | | Top |
bbgrunt (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:51 AM Response to Reply #4 |
7. perhaps I misunderstood the proposal-- |
Printer Friendly | Permalink | | Top |
BzaDem (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:53 AM Response to Reply #7 |
8. Sorry. I meant any income over that limit, not any person over that limit. Fixed. |
Printer Friendly | Permalink | | Top |
Abq_Sarah (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:31 AM Response to Reply #3 |
5. Do the math |
Printer Friendly | Permalink | | Top |
bbgrunt (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:44 AM Response to Reply #5 |
6. well, technically, yes. Someone who makes |
Printer Friendly | Permalink | | Top |
Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 02:01 AM Response to Reply #3 |
11. It's a flat 2-pt cut. There's nothing "progressive" about it. It just means everyone will pay less |
Printer Friendly | Permalink | | Top |
BzaDem (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 02:03 AM Response to Reply #11 |
12. It is flat up to 110k, after which the cut as a percentage of one's income decreases dramatically. |
Printer Friendly | Permalink | | Top |
leftstreet (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:54 AM Response to Original message |
9. Getting out in front of it. One meme at a time |
Printer Friendly | Permalink | | Top |
BzaDem (1000+ posts) Send PM | Profile | Ignore | Tue Dec-07-10 01:56 AM Response to Reply #9 |
10. So are you now about to argue that it DOES affect SS? n/t |
Printer Friendly | Permalink | | Top |
DU AdBot (1000+ posts) | Wed May 01st 2024, 06:40 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC