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Title: [Politics/Religion] I haven't heard ONE talking head outside of Post by: MFAWG on December 07, 2010, 06:28:31 PM Randi Rhodes mention the 2 pct payroll tax cut coming down the pike for those of us what still have decent jobs.
Serious question: Why is that? Here you have a classic piece of keynesian economics at work, and everybody is all arglybargly about the top 2 pct. The reality is that a tax HIKE on the top 2 pct at this point in time carries a great deal of risk. Title: Re: [Politics/Religion] I haven't heard ONE talking head outside of Post by: Aske on December 07, 2010, 07:07:21 PM Randi Rhodes mention the 2 pct payroll tax cut coming down the pike for those of us what still have decent jobs. Serious question: Why is that? Here you have a classic piece of keynesian economics at work, and everybody is all arglybargly about the top 2 pct. The reality is that a tax HIKE on the top 2 pct at this point in time carries a great deal of risk. what ? everyone was going to be getting a tax cut . some were ALSO going to be getting a raise--- but everyone was going to be getting a cut. Title: Re: [Politics/Religion] I haven't heard ONE talking head outside of Post by: MFAWG on December 07, 2010, 07:12:36 PM Randi Rhodes mention the 2 pct payroll tax cut coming down the pike for those of us what still have decent jobs. Serious question: Why is that? Here you have a classic piece of keynesian economics at work, and everybody is all arglybargly about the top 2 pct. The reality is that a tax HIKE on the top 2 pct at this point in time carries a great deal of risk. what ? everyone was going to be getting a tax cut . some were ALSO going to be getting a raise--- but everyone was going to be getting a cut. Huh? Everybody was going to get a tax INCREASE if the Bush tax cuts expired. Title: Re: [Politics/Religion] I haven't heard ONE talking head outside of Post by: Aske on December 07, 2010, 07:24:41 PM Randi Rhodes mention the 2 pct payroll tax cut coming down the pike for those of us what still have decent jobs. Serious question: Why is that? Here you have a classic piece of keynesian economics at work, and everybody is all arglybargly about the top 2 pct. The reality is that a tax HIKE on the top 2 pct at this point in time carries a great deal of risk. what ? everyone was going to be getting a tax cut . some were ALSO going to be getting a raise--- but everyone was going to be getting a cut. Huh? Everybody was going to get a tax INCREASE if the Bush tax cuts expired. I was talking about the Obama plan, maybe I misunderstood what you were talking about. Then again, I've never liked this cut/raise nomenclature thing when it was basically a "sale price" to begin with. Title: Re: [Politics/Religion] I haven't heard ONE talking head outside of Post by: MFAWG on December 07, 2010, 07:51:46 PM Randi Rhodes mention the 2 pct payroll tax cut coming down the pike for those of us what still have decent jobs. Serious question: Why is that? Here you have a classic piece of keynesian economics at work, and everybody is all arglybargly about the top 2 pct. The reality is that a tax HIKE on the top 2 pct at this point in time carries a great deal of risk. what ? everyone was going to be getting a tax cut . some were ALSO going to be getting a raise--- but everyone was going to be getting a cut. Huh? Everybody was going to get a tax INCREASE if the Bush tax cuts expired. I was talking about the Obama plan, maybe I misunderstood what you were talking about. I was talking in the larger sense: If no deal gets done, EVERYBODY gets an increase. Everything else is sort of splitting hairs at this point. Don't know the answer to this: Was the 2 pct reduction in employee withholding (INCLUDING SS and Medicare) first proposed by the GOP, Congressional Democrats, or The White House? Quote Then again, I've never liked this cut/raise nomenclature thing when it was basically a "sale price" to begin with. The whole 'Cut' thing was a left wing myth. It's just cheap semantics. It was going to be an increase on everybody. Original question remains: I seriously have not heard ONE news outlet report on the tax CUT (actual) for the bottom 65 pct. Is it just that the number isn't ****y enought? It's just a couple of bucks a week for most people. They won't even notice it if they work hourly. |