Of course, they are “investing” in America’s infrastructure
This is a dishonest article. They are not “payroll taxes” they are contributions to Social Security. Social security has been threatened with bankruptcy and will be insolvent in a few years.
The NYT people are hypocrites.
They got what they voted for, and they aint seen nothing yet.
Do Freepers think the payroll tax cut should have been extended? I don’t. Most Americans, including the poor, voted for big government, and I want them to pay for it.
They should have read the fine print, tax cuts to expire after the elections....Now with gas on the rise again, currently more than $4 in Southern CA, people’s budgets are going to be squeezed even more.
If they voted for 0bama I am glad that they got what they asked for.
They will shop around for hard luck cases to make their point.
The only person I know that has complained about this, is having true difficulty. But she spends $500 per month on pets.
She can get a $6,000 after tax “raise” annual anytime she wants.
This is a tax “cut” that should have never been enacted in the first place.
Hey, America wants an overly-generous “social insurance” system? America has to pay for it. Of course, what America really wants is a middle class Welfare system paid for by “the rich” which they pretend is a social insurance system to make themselves feel better. The higher payroll taxes are just a very small preview of what is going to happen over the next several decades as we can no longer borrow or tax the “rich” to pay for ever expanding social welfare benefits. The tax bite will finally hit the middle class, only at that point, there will be no way to turn back.
Obama voters = idiots = suckers.
Oh come on! The government needs that money to feed the poor folks!
My reduction this year with the combined taxes and our increased health insurance contribution is a net loss of $40 per month, after a raise. In july the health care cost will increase and I will be down $120 a month. That is $1440 a year that I am losing that to our government.