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To: Second Amendment First
It . . . slashes the employee payroll tax by 2 percent for one year

Gee, isn't that what Bush tried to do a few years back, except that he wanted the condition in place that the money go into a retirement account like an IRA or 401(k). As I recall, the Democrats screamed bloody murder at that, yet now they allow the same tax reduction with no provision that the money go towards a retirement account. What hypocrites!

I would encourage everyone with a 401(k) to direct that additional 2% into that account.

11 posted on 12/16/2010 10:21:14 PM PST by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: Hoodat

Going into my self-managed Roth.


40 posted on 12/17/2010 4:31:21 AM PST by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: Hoodat

A few years ago Social Security was a major crisis. What happened? Don’t really hear about it anymore. Whatever happened to Algore’s lockbox?? Hee Hee.


53 posted on 12/17/2010 6:26:29 AM PST by No Socialist
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To: Hoodat

A few years ago Social Security was a major crisis. What happened? Don’t really hear about it anymore. Whatever happened to Algore’s lockbox?? Hee Hee.


54 posted on 12/17/2010 6:26:33 AM PST by No Socialist
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To: Hoodat

I would, but that 2% combined with the first raise my husband has gotten in three years will just about cover the 75% increase in insurance costs we’re facing for 2011....


77 posted on 12/17/2010 8:43:51 AM PST by Eepsy
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To: Hoodat

Big Whoop. It will now be subject to the Fed and State ax.


78 posted on 12/17/2010 9:11:08 AM PST by Shady (LIBERTY is NOT a Four Letter Word.)
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