Showing posts with label Bush Tax. Show all posts
Showing posts with label Bush Tax. Show all posts

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.