Skip to comments.Why Not Cut Income Tax Rates To Give Everyone An Extra Forty Dollars a Week?
Posted on 12/22/2011 1:30:46 PM PST by raybbr
I have been listening to a lot of debate on the radio about the payroll deduction cut. I just recently heard the Won on the radio going on about how some guy will miss his pizza night.
Why can't Boehner and McConnel, instead, come out and say, "We'll cut the income tax rates by 2 percent and reinstate the payroll tax rate so Social Security can remain funded and K.Z. can still have his pizza night with his daughters.
Better yet, we'll cut the income tax rate 4% and they can have pizza night twice a week."
Why do they let the dems consistently out maneuver them on the tax issue?
Amen raybbr. I agree.
Psst-—the KISS method of doing anything in this present day government would be mocked by our elitist, elected know it alls.
Because the 48% who pay no federal income tax won’t get any of the pay to vote Democrat money.
Why not cut gasoline and diesel fuel taxes to let everybody get some of their $4K back?
Because Republicans are idiots.
Because most Democrat voters don’t pay any income taxes.
The rationale for the payroll tax cut is that it incentivizes hiring, and will help unemployment. The Obama/Keynesian view of an income tax cut is that people will probably just save that money, or use it to pay back debt. I totally disagree with their view, but that’s why they want it. Most republicans in congress don’t know enough about economics to understand why they should disagree, so they go along with it.
Seen the price of Pizza?
Twice a week for the family pizza night, and you'll be in the hole $40.
They still get the tax taken out of their paycheck.
So true. It’s been the obvious solution all along. Make it permanent and it’s better for the economy too.
Never forget the new tax on real estate transactions written into this raid on social security.. disguised as a ‘tax cut’. It seems we are loosing the war on language because few are calling this what it is.
Because THAT would imply that there was common sense in DC... which is science fiction at this point.
Why not a tax plan where the first 50,000 of income is tax free and any additional is taxed at a flat rate of 10%?
Make 20k a year no taxes
make 60k get taxed on 10k and only pay 1k.
Make a billion get taxed at 10% on 999 million 950 thousand.
It would be too simple for the useless bureaucrats and they would be out of a job.
Exactly. AND it would create a reduction in tax revenues for them to use to save endangered beetles and to buy obscene “art” to put in government buildings. By taking it out of SS deductions, it does not affect the federal income tax revenues, AND it benefits even those who do not pay federal taxes.
Why not do away with the income tax entirely and give everyone their ENTIRE paycheck forever?
There was a small business owner on Cavuto’s show a few minutes ago ,he has 15 employes and 14 of them never even knew that they were getting a tax cut over the past ,what year
It's not about a payroll deduction cut.
The First Moron wants to be the first president in history to go 4 years without an official budget.
No budget, no accounting, no oversight, he can go ahead and crank up a 30,000,000,000,000 national debt.
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