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I made between 50K and 200K last year. I'm okay with it.
Most people are not ok with it. But seeing as how you are, then maybe you are also willing to pick up that approx $2k tab for everyone else that can't afford to pay that much more in taxes to an idiot president who preached about only taxing "the rich". Dunno about you, but anyone making $50k/year is NOT rich. What world are you living in????
I make significantly more than $50k.
I'm currently on a 6 week holiday on a different continent and the amount (about $600/year on average) just means that I can't buy everything I want at some time in the future.
a two percent increase equating to you paying only $600 more per year would mean that your pre-tax income is around $30K.
I thought payroll tax doesn't count. That's how people figured that 47% of americans don't pay taxes, although that pay payroll tax.
Either way, a scheduled expiration of a temporary tax break is not exactly a "tax hike".
If people haven't been paying that 2% in payroll taxes for several years and then suddenly those cuts are going to expire, it IS a tax increase......people are going to be paying in taxes than they were. The liberal spin on this issue is mind-blowing.....
sure it is. my taxes are going up as of this morning.
screw obama and every one of the leg-humping parisites who reelected him.
No, it's just your imagination.
Just be glad they're not making you pay back what you kept because of the cut....
I just wish they'd cut spending. We are like a family that has too much debt. The answer is NOT more debt. It's get your spending under control!!!
I find it interesting that the average family will now have to figure out how to cut their budget by $1600/year yet the government can't manage to cut theirs. The average family can't just raise their debt ceiling. We just spend less. We have no choice. Why is it too much to expect my government do the same? You cannot convince me that the government doesn't have more fat in its budget than I do in mine.
Last edited by Ivorytickler; 01-02-2013 at 05:41 AM..
The decrease should never have been given in the first place. Even the 2% for the first two years of his term I would give him, but not an extension after that. If anything, those with a 401K who either aren't contributing at all or aren't contributing enough can offset their taxable income by contributing more to their 401K. If you were running your budget under cost as it is, the only affect something like this has is that it will prevent you from keeping that extra two percent to do with it as you wish.
I made between 50K and 200K last year. I'm okay with it.
Me too....knew the payroll tax cut was going away as it should. Fine with it.
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We are like a family that has too much debt. The answer is NOT more debt. It's get your spending under control!!!
