Thursday, December 9, 2010

Bush Tax Cuts Compromise

This whole discussion is just bullshit. One of the provisions has been described as 'temporary 2% payroll tax cut' or 'temporary 2% cut in FICA withholding'.

This is a temporary 2% cut in your social security contribution!!!! WTF, what program doesn't need a reduction of inflows more than Social Security?

Why aren't the headlines "2% cut in your contribution to social security"? In general the public would be outraged.

I am on Social Security and I have no problem with not getting a one time $250 check which the Republicans opposed, BUT if there is a temporary reduction in SS contributions, I change my opinion.

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