[Hugin]

If there was a real seperate fund for Social Security and Medicare, the pub position would make sense. The reality is there isn’t, so a tax is a tax. Money from payroll taxes is not treated any differently than other taxes. So yeah, in practical terms it is raising taxes on the middle class. Add to that millions of people whose unemployment extensions are about to be eliminated, and it’s political idiocy by the Stupid Party, and a huge gift to Obama.

[HwyChile]

No, it is wealth redistribution in its finest form by making the federal tax even more progressive (shift all the tax to the upper half of the taxpayers). The payroll tax is really the only federal tax that the bottom half pays since it gets out of the federal income tax. Therefore, the democrats want to shift even more tax to the upper half by having the bottom half not have to pay payroll tax as well as not pay income tax. Of course, the upper half will foot the bill for all of this. The Republicans were stupid for agreeing to the payroll tax or the earned income tax credit (more wealth redistribution). A tax is not a tax. It depends on who pays it and who does not. In our case, the democrats want to shove all the taxes onto the top (take their money) and redistribute it to the bottom half. Same old Marxism from the same old playbook.

[HwyChile]

No, it is wealth redistribution in its finest form by making the federal tax even more progressive (shift all the tax to the upper half of the taxpayers). The payroll tax is really the only federal tax that the bottom half pays since it gets out of the federal income tax. Therefore, the democrats want to shift even more tax to the upper half by having the bottom half not have to pay payroll tax as well as not pay income tax. Of course, the upper half will foot the bill for all of this. The Republicans were stupid for agreeing to the payroll tax or the earned income tax credit (more wealth redistribution). A tax is not a tax. It depends on who pays it and who does not. In our case, the democrats want to shove all the taxes onto the top (take their money) and redistribute it to the bottom half. Same old Marxism from the same old playbook.