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(Politico) PSA Democrats, Republicans release their dueling tax plans. Whoever wins, we lose   (politico.com) divider line 139
More: PSA, republicans, Democrats, United States budget process, FICA, surtaxes, doughnut hole, payroll taxes, income taxes  
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1537 clicks; posted to Politics » on 05 Dec 2011 at 4:34 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



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2011-12-05 03:49:36 PM
Senate Majority Leader Harry Reid announced on Monday a new $180-billion plan to extend a payroll tax break that he scaled back in order to win Republican support.

Good job you pansy ass motherfarker. Now it might actually pass, when we need to stop with the tax cut bullshiat. We're in enough debt as is. No more tax cuts.

Of course, keeping it around so the GOP wavers and yells at itself a bit more without anything passing would be good, but enough will defect to pass this.

House Republicans will soon unveil a broader $200-billion plan that would be largely paid for by cuts to Medicare benefits given to richer Americans

Well, that's not a completely terrible idea.

and pay cuts to federal workers

Oh nevermind, fark you. Federal workers are already paid well below private equivalents. If you want competent people running government, you have to actually attract competent people.

Of course, incompetent people running the government is exactly what they want to encourage so they can then biatch about incompetent people running the government.

See the Medicare Doughnut Hole.
 
2011-12-05 03:53:59 PM
what exactly does a payroll tax do? Take less money from where? FICA? Income tax?

If it takes money from FICA and that is all you are going to use for your retirement, isn't the government putting the screws to you in 30 years?
 
2011-12-05 03:58:51 PM
As someone who isn't 30 yet I say abolish SS and medicare so it won't come out of my paycheck. I'll vote for whoever does this
 
2011-12-05 04:06:07 PM
CornDog in 2012: As someone who isn't 30 yet I say abolish SS and medicare so it won't come out of my paycheck. I'll vote for whoever does this

After abolishing them, what do you propose we do with the elderly?
 
2011-12-05 04:10:20 PM
dugitman: CornDog in 2012: As someone who isn't 30 yet I say abolish SS and medicare so it won't come out of my paycheck. I'll vote for whoever does this

After abolishing them, what do you propose we do with the elderly?


Eh, fark 'em. It's not like half of all seniors died penniless before SS or anything like that.
 
2011-12-05 04:25:25 PM
GAT_00: Eh, fark 'em. It's not like half of all seniors died penniless before SS or anything like that.

Churches took care of them!
 
2011-12-05 04:36:13 PM
I hope this turns out something like Dueling Banjos.
 
2011-12-05 04:40:02 PM
So the Republican "Job plan" would fire a lot of federal workers.

I don't think they get the idea of a "job plan".
 
2011-12-05 04:41:05 PM
www.motionpictureart.com

I guess the Aliens are the democrats since more immigrants support them, and Predator is... Mark Foley?
 
2011-12-05 04:41:51 PM
dugitman: After abolishing them, what do you propose we do with the elderly?

death panels. i mean, duh.
 
2011-12-05 04:42:55 PM
Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.
 
2011-12-05 04:44:32 PM
coeyagi: and Predator is... Mark Foley?

+1
 
2011-12-05 04:44:39 PM
EnviroDude: what exactly does a payroll tax do? Take less money from where? FICA? Income tax?

If it takes money from FICA and that is all you are going to use for your retirement, isn't the government putting the screws to you in 30 years?


From what I understand, they're covering the difference with general funds.

It kind of undercuts the otherwise valid "Social Security doesn't add to the debt" argument, which is regrettable.
 
2011-12-05 04:44:51 PM
Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?
 
2011-12-05 04:44:56 PM
Corvus: So the Republican "Job plan" would fire a lot of federal workers.

I don't think they get the idea of a "job plan".


Government employees are not real people. Only when tax dollars are paid to a corporation that is able to squeeze every penny of profit from a contract and donate to a politicians campaign in exchange for favorable deals is the government "Creating Jobs".
 
2011-12-05 04:45:44 PM
Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?


Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.
 
2011-12-05 04:45:44 PM
Dueling tax plans, you say?

healthyinfluence.com

/hot
 
2011-12-05 04:47:54 PM
Can someone please break this down to a red vs blue powerpoint slide?
 
2011-12-05 04:48:11 PM
Harry Reid is a goddamned spineless coward. What a farking embarrassment.
 
2011-12-05 04:48:32 PM
I'm neither a government worker nor a millionaire, so I think I win.
 
2011-12-05 04:48:58 PM
So let's see... "bipartisan compromise" = Democrats must give in to Republican demands, but Republicans can refuse to waiver on their "no taxes on the rich" stance, which seems to be their only real sticking point these days? Do these morons not know what "compromise" means?

The richest are paying historically the lowest rates in decades.. and has the economy improved to reflect that? No. Corporations are making record profits.. and has the economy improved to reflect that? No. When taxes are at such low rates as they are now, companies have no incentives to grow and expand the economy. They merely scale back, fire workers and reap the profits. If taxes went UP... they would be FORCED to expand, diversify, hire workers to increase production and services to make more money.. which in turn would help the economy. They have cut things to the minimum they need right now to maintain the status quo while also maximizing profits. Time to turn that around. Raise taxes, cut out the loopholes and force the companies to actually invest their money to make money rather than bend the country over backwards to extort and scheme every dime they can.

As for the Republicans? Wake up. Your "pledge" to not raise taxes is exposed as the BS it is given your view that "the payroll tax cut MUST be paid for by cutting other funding elsewhere"... while you maintain the rich tax cuts must be kept regardless! Oh how I wish for the days of the French Revolution when individuals like this would be escorted out into the public and shown how appretiative the populace is of their actions.. in the form of a guilletine. Sadly, that's not going to happen anytime soon. Party Before Country. Rich before All Others.
 
2011-12-05 04:49:03 PM
Wendy's Chili: EnviroDude: what exactly does a payroll tax do? Take less money from where? FICA? Income tax?

If it takes money from FICA and that is all you are going to use for your retirement, isn't the government putting the screws to you in 30 years?

From what I understand, they're covering the difference with general funds.

It kind of undercuts the otherwise valid "Social Security doesn't add to the debt" argument, which is regrettable.


SS wouldn't add one penny to the debt for another 37 years if its reserves hadn't been raided over the past decade. You didn't know about that?
 
2011-12-05 04:49:22 PM
Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.


From another article:

Last week, the Senate defeated a Democratic proposal to pay for it with a tax hike on the rich. It then killed a Republican proposal to cover the cost by extending a federal worker pay freeze and downsizing the federal workforce.


Did they remove this from their plan? YES, they wanted to lay off workers as their "job plan".
 
2011-12-05 04:49:54 PM
BigTuna: Harry Reid is a goddamned spineless coward. What a farking embarrassment.

THIS.
sick of these weak kneed 'dem' gop cloaca lickers
 
2011-12-05 04:50:37 PM
How can you NOT be for making richer people pay more for Medicare?? When did it become a wealthy person's birthright to die wealthy, no matter how many diseases they were afflicted with?

The Republicans are right on this one issue.
 
2011-12-05 04:52:07 PM
Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.


Yes Politico didn't mention it's part of the GOP plan:

The bill proposed cutting the federal workforce by 10 percent - or roughly 200,000 employees - and extending the federal pay freeze another three years, bringing it to five years total.


The GOP "jobs plan" lays off 200,000 workers.
 
2011-12-05 04:53:22 PM
El Pachuco: Wendy's Chili: EnviroDude: what exactly does a payroll tax do? Take less money from where? FICA? Income tax?

If it takes money from FICA and that is all you are going to use for your retirement, isn't the government putting the screws to you in 30 years?

From what I understand, they're covering the difference with general funds.

It kind of undercuts the otherwise valid "Social Security doesn't add to the debt" argument, which is regrettable.

SS wouldn't add one penny to the debt for another 37 years if its reserves hadn't been raided over the past decade. You didn't know about that?


Raided?
 
2011-12-05 04:54:59 PM
Arkanaut: I'm neither a government worker nor a millionaire, so I think I win.

Remember that the next time you eat, drink, take medication, drive on the highway, breathe.....
 
2011-12-05 04:55:02 PM
Corvus: Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.

Yes Politico didn't mention it's part of the GOP plan:

The bill proposed cutting the federal workforce by 10 percent - or roughly 200,000 employees - and extending the federal pay freeze another three years, bringing it to five years total.


The GOP "jobs plan" lays off 200,000 workers.


Well since this article is about tax plans you can forgive my ignorance.
 
2011-12-05 04:55:39 PM
GAT_00: dugitman: CornDog in 2012: As someone who isn't 30 yet I say abolish SS and medicare so it won't come out of my paycheck. I'll vote for whoever does this

After abolishing them, what do you propose we do with the elderly?

Eh, fark 'em. It's not like half of all seniors died penniless before SS or anything like that.


"fark 'em" is exactly what my 60ish dad said when I told him that the kids coming out of high school now would like to be able to get a good paying job like he did.
 
2011-12-05 04:56:17 PM
Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?


its the same as cutting taxes to raise revenue, fire everyone and job creation will fly through the roof!
 
2011-12-05 04:56:38 PM
Wendy's Chili: Raided?

Congress had 25 online one night, so...
 
2011-12-05 04:57:07 PM
Corvus: Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.

Yes Politico didn't mention it's part of the GOP plan:

The bill proposed cutting the federal workforce by 10 percent - or roughly 200,000 employees - and extending the federal pay freeze another three years, bringing it to five years total.


The GOP "jobs plan" lays off 200,000 workers.


That's some fine job creation there Lou.
 
2011-12-05 04:58:38 PM
Those last 200,000 federal workers are all that remains of the gigantic bureaucratic dam, and when they go, the dam goes, and success is going to TRICKLE DOWN all across this great country.

Only a fool would be against this.
 
2011-12-05 04:59:55 PM
El Pachuco: Wendy's Chili: EnviroDude: what exactly does a payroll tax do? Take less money from where? FICA? Income tax?

If it takes money from FICA and that is all you are going to use for your retirement, isn't the government putting the screws to you in 30 years?

From what I understand, they're covering the difference with general funds.

It kind of undercuts the otherwise valid "Social Security doesn't add to the debt" argument, which is regrettable.

SS wouldn't add one penny to the debt for another 37 years if its reserves hadn't been raided over the past decade. You didn't know about that?


SS reserves HAS to be raided by law. Any excess money HAS to be invested into t-bills. Granted we donate HAVE to run a deficit.
 
2011-12-05 05:00:48 PM
Warlordtrooper: Corvus: Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.

Yes Politico didn't mention it's part of the GOP plan:

The bill proposed cutting the federal workforce by 10 percent - or roughly 200,000 employees - and extending the federal pay freeze another three years, bringing it to five years total.


The GOP "jobs plan" lays off 200,000 workers.

That's some fine job creation there Lou.


It goes perfectly with their debt commission recommendation to raise the deficit by $3.7 trillion.
 
2011-12-05 05:03:44 PM
GentDirkly: How can you NOT be for making richer people pay more for Medicare?? When did it become a wealthy person's birthright to die wealthy, no matter how many diseases they were afflicted with?

The Republicans are right on this one issue.


I'd really like to believe that, but I'd recommend checking the fine print. My guess is they've officially reclassified 'richer people' as everybody at the bottom and the 1% as 'Super Best Job Creators' who cannot be asked to pay for anything, or some such shiat.
 
2011-12-05 05:05:15 PM
I honestly do not understand why the Democrats keep capitulating to the Republicans.

Who are they afraid of offending?
 
2011-12-05 05:09:17 PM
Only partway through the article, but they already do means test for food stamps.

UI though, if you worked, regardless of your other means, you should be getting it.

Crack down on the few getting paid under the table while also collecting UI benefits first.
 
2011-12-05 05:09:28 PM
whidbey: I honestly do not understand why the Democrats keep capitulating to the Republicans.

Who are they afraid of offending?


Hint... They are both owned by the same master.
 
2011-12-05 05:10:18 PM
Lunchlady: Corvus: Lunchlady: Corvus: Lunchlady: Honestly in reading the article I like the GOP plan better aside from lacking the 10-year tax on millionaires from the Democrats plan.

You like laying people off to "create jobs"?

Forgive my reading comprehension but I don't see that in the article. Unless you're referring to cutting federal pay which is a big sack of stupid.

Yes Politico didn't mention it's part of the GOP plan:

The bill proposed cutting the federal workforce by 10 percent - or roughly 200,000 employees - and extending the federal pay freeze another three years, bringing it to five years total.


The GOP "jobs plan" lays off 200,000 workers.

Well since this article is about tax plans you can forgive my ignorance.


That was all over the news on Friday night. In order to pay for extending the payroll tax cuts, Democrats offered a small tax to the top 2% or something like that and the GOP countered with laying off 200K workers. What infallible logic--we can pay for the payroll cuts if less people are receive payroll! Bully for us!

/Oh, and by "news" I mean CNN & NPR. I doubt Fox reported it.
 
2011-12-05 05:12:00 PM
whidbey: I honestly do not understand why the Democrats keep capitulating to the Republicans.

Who are they afraid of offending?>

I think they want to be able to say during the campaign that they tried to compromise on every. Single. Farking. Issue and the GOP just dug their heels in. It's a poor platform, as they'll never win over the GOP base & even moderate Democrats are sick of the constant caving.
 
2011-12-05 05:12:41 PM
brigid_fitch: whidbey: I honestly do not understand why the Democrats keep capitulating to the Republicans.

Who are they afraid of offending?


I think they want to be able to say during the campaign that they tried to compromise on every. Single. Farking. Issue and the GOP just dug their heels in. It's a poor platform, as they'll never win over the GOP base & even moderate Democrats are sick of the constant caving.

/HTML Fail
 
2011-12-05 05:13:00 PM
So both sides are trying desperately to CUT TAXES while at the same time trying to figure out how to REDUCE THE DEFICIT?

hastac.org
 
2011-12-05 05:13:12 PM
GentDirkly: How can you NOT be for making richer people pay more for Medicare?? When did it become a wealthy person's birthright to die wealthy, no matter how many diseases they were afflicted with?

The Republicans are right on this one issue.


You know what would totally help the rich not die poor fighting some ailment?

Single Payer Healthcare!

/boom!
 
2011-12-05 05:14:30 PM
I'm so sick of both sides fighting. People are out of work, they are financially hurting and going hungry and these people don't give a big rat's ass. They all need to be kicked out of their jobs. America will never recover as long as this crap is going on daily.


Seriously
 
2011-12-05 05:15:43 PM
buck1138: whidbey: I honestly do not understand why the Democrats keep capitulating to the Republicans.

Who are they afraid of offending?

Hint... They are both owned by the same master.


Except that there are plenty of examples of those who benefit from big business calling for higher taxes on the wealthy.

At any rate, I don't understand why they put up with being bullied by the minority in Congress.


We already know the Republicans don't care.
 
2011-12-05 05:18:06 PM
brigid_fitch: even moderate Democrats are sick of the constant caving.

While that might be true, it pales in comparison to the crisis known as the Republican party.

And the fact that people continue to allow them to get away with what they're doing just drives the point home just how right-wing this country is.
 
2011-12-05 05:18:11 PM
As much as we all like to complain about the government. it's about time to put an end to the snarkiness exhibited by the poster's headline. It is NOT six of one, half a dozen of the other, the Democrats and the republicans are NOT the same party under different names, government programs are NOT an inevitable failure and "hello, I'm from the government and I'm here to help you" is not the inevitable prelude to catastrophe -- in fact, I hope that's how every FEMA worker introduces himself when he shows up at a disaster scene. The fact is that the republicans are not serious about fixing things, only about making things worse for their own political gain and protecting their own interests whatever cost to the rest of the country. If you are an independent voter and honestly can't see this, there is something wrong with you. In the last year the republicans have seriously proposed cutting benefits and protections for the poor, the elderly, veterans, government workers, and the middle class in order to prevent a miniscule increase in taxes on the hyper-wealthy. Unless you are extremely wealthy yourself, the republican Party does not have your best interests at heart. Ignore the snark, the veiled insults, the false appeals to morality and the chicken little predictions and vote Democratic in 2012. They may not be perfect but they are infinitely superior to the entrenched greed and institutional heartlessness exhibited by today's republican Party.
 
2011-12-05 05:18:13 PM
qorkfiend: Wendy's Chili: Raided?

Congress had 25 online one night, so...


No one raids 25s any more.
 
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