The do nothing Congress has to decide by end of February whether to extend the 2% social security payroll tax cut that was originally designed to last for one year(2011). Can Congress get it together long enough to reach a compromise and extend the cut until the end of the year or will this be the launchpad for GOP and Democrats for the November election? Should this payroll tax cut be extended?
Other issues that are related to this bill are possibly cutting medicare payments to doctors by 27% and extending the unemployment compensation and for how many months. All tax cuts have to be paid for, does anybody think the Congress can get this done in two weeks?
by PrettyPanther 6 years ago
Ezra Klein explains how Mitt Romney 1) is wrong about the 47% being a "taker" class and 2) how the rich are using this lie to justify further tax cuts for the rich while cutting services to the poor.". . . Romney is arguing that about 47 percent of the country is a "taker...
by American View 7 years ago
Obama renewed his call for an extension of payroll tax cuts. I believe everyone would be for that. I am sure Congress would 100% support such an issue, if it existed. The "payroll tax cut" was in fact a 2% cut in SS withholding. A cut in a retirement program that is going broke....
by Randy Godwin 3 months ago
Gas prices are soaring as usual under Republican leadership. This will hurt middle and lower classes more than it does those who got the lions' share of the tax cuts. Not only do we have to repay the Chinese for the money we borrowed , we now have to pay higher prices for fuel. I hope those wanted...
by Christy Kirwan 2 years ago
Good morning friends! I have some important news today. After thorough discussion, the Team has decided to pause work on the niche sites in order to create a fully-branded anal hygiene site on account of the fact that some of our highest traffic Hubs are about subjects like shaving your butt,...
by Jack Lee 9 months ago
Instead of debating about the merits...here is a simple tax calculator to see how your family fare under the new law.In most cases, your tax burden should be less...In some cases, your tax will rise.Post your own gains and loss here for a sample of people on HubPages.
by Susan Reid 6 years ago
The Gish Gallup. Who knew?http://www.dailykos.com/story/2012/10/0 … ish-Gallop
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