ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

PAYROLL TAX CUT JUBILATION.

Updated on December 23, 2011

...and celebration.

At last, peace must come to the United States Congress, as the recalcitrant Republican Party opposition has relented for the payroll tax cut measure to pass through the House of Representatives and to become law.

President Barack Obama has been insisting that the legislation would help the nation's slow economy; and also, if not passed, it would bring an increase in the tax burden of ordinary working men and women at the very beginning of 2012.

A bill was passed by the U.S. Senate, with an overwhelming majority; but the Republican controlled House was reluctant to follow its (Senate's) example and to pass it for the president to sign it into law.

The members of the House have been dancing around the issue or even attempting to kill the legislation, but for public opinion against such a move, they agreed to finally pass the bill.

The Speaker of the House John Boehner announced at a press conference that the House would do so today, Friday, Dec. 23rd, 2011. They, House members, have blinked in the confrontation with the Obama administration, and now, the way was clear for the measure to materialize.

There was jubilation around the country, as according to the White House, 160 million Americans would have tax rates reduced, so that they would have more spending money in their pay checks.

It was even pandemonium in some places, because of the extension of the payroll tax cut instituted by the Obama administration was about to expire, and that would force workers to pay, as said before, more in taxes, rather than the millionaires and billionaires in the country paying their fair share in taxes.

They were the ones that the Republicans were protecting, that as job creators, they should not have tax increases in a slow economic recovery.

However, when the news came out that they (Republicans) would give in to Obama's demands, millions of people were elated, and that would include those, who were unemployed and would not have had their unemployment benefits time extended, a provision attached to the payroll tax cut bill, if it (bill) was not passed.

The relief has been tremendous all around the nation, and people were celebrating the good piece of news that has come around the Holiday season that, at least, they would not see any tax increase as early as Jan. 2012.

The country needs an opposition, but it has to be a constructive one. Also that the Republicans in Congress must learn to compromise, because most of their actions were hurting the nation, its workers and particularly, its economy.

They must rethink their opposition, which has an underlying racial connotations; perhaps, because the president happened to be African American.

Comments

    0 of 8192 characters used
    Post Comment

    • American View profile image

      American View 

      6 years ago from Plano, Texas

      Wait till he sees just how much the logistics to the accounting and payroll industry nit to mention the extra costs to the IRS this will create. I bet it will cosat the government more money that the people will save for the year. Not to mention all the new tax fees when purchasing a house.

    • American Romance profile image

      American Romance 

      6 years ago from America

      I don't get this? You are praising the Dems and ranting on the Pubs? The Republicans wanted this tax break for one year! The Democrats wanted it for only 8 weeks? Seems the entire country is down on the Pubs for this and are putting the Democrats on a pedestal for what? A lousy 8 weeks?...........who cares more for the American people in this story?

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)