senate bill raised payroll taxes 2%

---If we could just elimininate the poor, your life would be so much better.
---

your president is working hard on this one..but i think he better look back..people tried that already..it didn't worked..

Thomas Peterffy - Freedom To Succeed

http://www.youtube.com/watch?v=N2QtDExs6lM

even russians realized that and implemented simple,flat 13% tax on any income. dividends are taxed even less,also flat. barstool economics,you know..

http://doc.cat-v.org/economics/bar_stool_economics

i'm seriously considering going back to mother Russia..every year all i see is more taxes and progressively more complex tax returns.
 
Quote from Bob111:

---If we could just elimininate the poor, your life would be so much better.
---

your president is working hard on this one..but i think he better look back..people tried that already..it didn't worked..

Thomas Peterffy - Freedom To Succeed

http://www.youtube.com/watch?v=N2QtDExs6lM

even russians realized that and implemented simple,flat 13% tax on any income. dividends are taxed even less,also flat. barstool economics,you know..

http://doc.cat-v.org/economics/bar_stool_economics

i'm seriously considering going back to mother Russia..every year all i see is more taxes and progressively more complex tax returns.
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yeah, that's what they say when you want to move here, "It's not a bad place to live, but the tax forms are a real bitch."
 
Quote from Scataphagos:

Stupidity and greed.... the payroll tax holiday should never have occurred in the first place. The program is running in the red and the temporary tax cut made things worse.

Quote from piezoe:

Could not agree more!
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I changed my mind. I did not realize when I wrote that, that in effect we were borrowing money to put it in the hands of consumers and that entitlement receipts were not affected. I now think it was clever and the right thing to do.
 
Quote from trefoil:

This is so stupid that really it rendered me speechless for a while.
That feces eating fool is not someone who should be agreed with on anything, ever.
Now, when was the last time a poor person got to decide whether or not we ran an unfunded war on Iraq?
When was the last time a poor person got to decide whether or not a bridge to nowhere got built in Alaska?
When was the last time you ever heard of a poor person being in on a decision like whether or not drugs could be bought by the gov't on a discount for Medicare?

Never.

And, it will never ever happen in your lifetime or mine.

But, that poor person still has to pay tax on the gas he puts in his tank to go to work.
He still has to pay tax for both Social Security and Medicare, the former being regressive - as in poor people pay MORE than rich people for that one - while the latter is flat, which basically means it's regressive to anyone who understands economics.
And so on.
So, the Prez gave em a break for a couple years. Big doodoo. Oh my, the sky will fall because he gave em a break.
I expect that from fecal matter for brains. I don't expect it from anyone else.
Then again this is the Economics forum on ET, where no idea is good unless it's transcendentally stupid, so I guess I shouldn't be surprised.
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You're <span style="color:crimson"> RIGHT!</span> It was incredibly stupid. See post immediately above.
 
you can cut social security taxes all the way to zero, and it won't affect one iota the amount in the trust fund

and for that matter you can raise them to 10% with still no affect
 
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