No New Taxes On Lower Income Lie !! - Honda Fury Forums: Honda Chopper Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 96 (permalink) Old 01-04-2013, 11:23 AM Thread Starter
jw
Senior Member
 
jw's Avatar
 
Join Date: Sep 2011
Location: Indianapolis,Indiana
Posts: 6,163
No New Taxes On Lower Income Lie !!

Well the conservatives gave in on the cliff so that the middle and lower incomes pay would not go down but I got my 1st check today and I'm 3hrs short from Obama Care !!I have half a mind to go into the hand out system & work under the table
jw is online now  
Sponsored Links
Advertisement
 
post #2 of 96 (permalink) Old 01-04-2013, 11:44 AM
Senior Member
 
Join Date: Sep 2012
Posts: 252
The interesting thing about the SS tax increase is that it's a increase that disproportionately affects the middle class more so than then rich.

The most wealthy one-percenter pays the same amount of SS tax that an middle-tax payer that makes $113,700.00. How that for tax fairness?

I'm resolved never to vote incumbent again.


Sent from my iPhone using Motorcycle.com App
Mad Jasper is offline  
post #3 of 96 (permalink) Old 01-04-2013, 11:59 AM
Senior Member
 
Billyh79's Avatar
 
Join Date: Apr 2010
Location: Orange County New York
Posts: 1,376
2% increase in social security ...

Billyh79 is offline  
post #4 of 96 (permalink) Old 01-04-2013, 12:04 PM
Senior Member
 
Join Date: Aug 2012
Posts: 332
The 2% payroll tax was part of Obamas stimulus plan. It started January 1, 2011. It was not very well received by either party and it just expired 12/31/12.

So its not a tax increase.

http://www.irs.gov/uac/Payroll-Tax-C...ble-on-IRS.gov

Last edited by Wildman; 01-04-2013 at 12:09 PM.
Wildman is offline  
post #5 of 96 (permalink) Old 01-04-2013, 12:09 PM
Senior Member
 
captainfester's Avatar
 
Join Date: Apr 2010
Location: Meriden, CT
Posts: 1,939
exactly, this is not a new tax. it was a short term break given to help out. you are back to where you were 2 years ago.

captainfester is offline  
post #6 of 96 (permalink) Old 01-04-2013, 12:43 PM
Senior Member
 
Join Date: Sep 2012
Posts: 252
Doesn't matter if its a new tax... it is a tax increase that affects the middle-class. A person making $40,000 a year will now have to work 5 days just to pay for the 2% SS tax increase.


Sent from my iPhone using Motorcycle.com App
Mad Jasper is offline  
post #7 of 96 (permalink) Old 01-04-2013, 12:49 PM
Senior Member
 
Join Date: Aug 2012
Posts: 332
An expiring stimulus plan is not a tax increase.
Wildman is offline  
post #8 of 96 (permalink) Old 01-04-2013, 01:06 PM
Senior Member
 
Join Date: Sep 2012
Posts: 252
No, really, it is an increase. If a tax rate is currently 4.2%, but an expiring tax cut results in the increase of said tax rate to 6.2%, that is, by definition, a tax increase because i am now paying more in taxes.... now matter how the politicians frame it.

I guess it is how one perceives the money they earn.


Sent from my iPhone using Motorcycle.com App
Mad Jasper is offline  
post #9 of 96 (permalink) Old 01-04-2013, 01:17 PM
Senior Member
 
Join Date: Aug 2012
Posts: 332
So if you are getting government cheddar cheese every week for 2 years and then they stop giving it out is that an increase as well?
Wildman is offline  
post #10 of 96 (permalink) Old 01-04-2013, 01:17 PM
Senior Member
 
Billyh79's Avatar
 
Join Date: Apr 2010
Location: Orange County New York
Posts: 1,376
4.2% to 6.2% is an increase . Even though we were at 6.2% before and got a break for a couple of years the way I look at it is social security has gone back up " it has increased " !!!!!!!

Billyh79 is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Honda Fury Forums: Honda Chopper Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome