So Why Don't US Leaders Cut PAYROLL Taxes?!

[Gatekeeper]

I mean, wouldn't shaving a bit off the payroll taxes help people more than getting rid of the taxes on dividends for stockholders? C'mon! If I were to save $25 to $50 per check twice a month 12 months a year on payroll taxes, I'd have an extra $600 to $1200 to play around with! OTOH, I have only an option for 100 shares of my company's stock, so who the hell gives a damn about no taxes on dividend payments?

Give me a payroll tax cut, you damn politicians! Not SS or Medicare, straight FIT!!!

Gatekeeper

[Urban Ranger]

What gives you the idea that the tax cut is for your common folk?

[cavebear]

It wouldn't benefit the truly rich enough...

(there is little difference between "trickle down" and p*ssed on", just ask any fire hydrant)

[Zkribbler]

Gatekeeper, you're going to get it.

Remember what happened with the last tax cut. Republicans wanted to cut taxes for the rich. The Democrats wanted to cut taxes for the middle class. The Republicans subsumed the Democratic cuts into the own plan and took credit for everything.

Now that the Dems are proposing a payroll tax, the Republicans will again include that proposal into their own. Then the Dems either have to vote for the tax cuts for which the Republicans will take full credit, or the Dems will have to vote against everything, including their own proposed tax cuts, and look like the biggest scrooges of all time.

[cia]

You're never going to see a payroll tax cut. The Dems are proposing a one-time "refund". The payroll tax is the one very few Americans pay attention to because it comes out automatically, before they see the full amount of their paycheck. And BTW Zkribbler, if the Democrats take $30000 from me and give me back $1000, explain how I'll get rich?

[Lawrence of Arabia]

Well if they take $30,000 from you per year, you are prolly already rich.

[cia]

Find out where the bastards put my Rolls Royce then Lawrence and I'll agree with you assessment.

[Gatekeeper]

I'd really rather have a payroll tax cut than any sort of "trickle-down" cut or a refund of a few hundred dollars. I would save approximately $26 a year under the former and the latter did give me a $300 check the last time ... but that's all much less than what I'd get with a cut in payroll taxes.

ZScribbler ... heh, gee, that sounds familiar. Brings back memories of 1992 and the Dems taking over a traditionally GOP platform — it's the economy, stupid!

Furthermore, why the hell do folks that make more than $70,000 a year or so not have to pay SS taxes on income over that amount? Good God! Some of the budget and economic issues the United States faces could be solved with common sense solutions like payroll tax cuts and making the "bigshots" pay SS on their *full* incomes, rather than only a part of it.

Viva la revolution!

Gatekeeper

[cia]

The people who make more than $70k a year are ALREADY subsidizing the lazy SOBs who aren't paying fully into SS Gatekeeper

[Gatekeeper]

cia:

Well, yeah, I suppose the guy making $100,000 a year would be contributing more to SS than some poor SOB making, oh, $6.25 an hour/$15,000 a year.

Gatekeeper

[cia]

Anyways Gatekeeper, I'm just paying for my dad's retirement now. I'm not worried about it. I figure I'll get the Eskimo retirement package.

[cavebear]

Originally posted by cia
I figure I'll get the Eskimo retirement package.

A cold day in He11?

[cavebear]

Originally posted by cia
The people who make more than $70k a year are ALREADY subsidizing the lazy SOBs who aren't paying fully into SS Gatekeeper

I'm in that category, and I do not object to aditional taxes.

Look you can go for the short term benefits and live in a world of an increasingly dysfunctional society, ot you can give up a little more now for a better society in a decade.

I know which I would prefer.

[The Mad Monk]

Close.

A parka, a day's supply of firewood, and a long trip into the tundra.

[cia]

The Eskimo retirement:
Son: Dad, we found the perfect place for you out in the country!
Dad: Great! Let's go!
...Long car ride into snow country...
Dad, the road ends here but if you just keep heading north I know you'll find the retirement home.