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(Google)   163 million workers will see a tax increase in January when the temporary reduction in Social Security taxes expires. Wait, there are still 163 million Americans who have jobs?   (google.com ) divider line
    More: Obvious, social security  
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747 clicks; posted to Business » on 24 Oct 2012 at 12:26 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-24 04:23:15 PM  
1 vote:
Good. The cuts in SS taxes were temporary and have achieved their intended purpose. Now it's time to allow Bush's "temporary" tax cuts to expire as well.
2012-10-24 03:05:03 PM  
1 vote:

Atomic Spunk: Social security tax is one of the most regressive taxes in existence. Taxpayers start paying it from the very first dollar of FICA wages, everyone pays the same rate, but once it hits $110k, then it goes away. So someone earning a salary of $5 million a year pays the same amount of dollars (and a much lower percentage of his salary) into the social security system as some guy making $110,100/year. And the store clerk earning $8.50/hour pays the same percentage of his salary as a guy earning $100,000/year. Does that sound fair? C'mon Fark liberals, where's the outrage?


It allows us to pretend the system isn't welfare for people who lack either the self discipline or the wherewithall to save. That's more valuable to the working class than the dollars the rich could provide.
2012-10-24 02:55:28 PM  
1 vote:
Social security tax is one of the most regressive taxes in existence. Taxpayers start paying it from the very first dollar of FICA wages, everyone pays the same rate, but once it hits $110k, then it goes away. So someone earning a salary of $5 million a year pays the same amount of dollars (and a much lower percentage of his salary) into the social security system as some guy making $110,100/year. And the store clerk earning $8.50/hour pays the same percentage of his salary as a guy earning $100,000/year. Does that sound fair? C'mon Fark liberals, where's the outrage?
2012-10-24 01:30:35 PM  
1 vote:

minoridiot: WTF Indeed: Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.

So the US wasn't civilized until 1913?


No, it was not. It still isn't completely civilized, but Unions, Family and Children Services, civil rights, have brought it a long way. The final push to being a civilized society will be universal health care, universal child care, universal housing, and the acknowledgement that marriage contracts should be honored between any consulting adults who wish to enter into that state, and yes that definition includes more than two consenting adults in a marriage.
2012-10-24 01:07:24 PM  
1 vote:

Critch: minoridiot: WTF Indeed: Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.

So the US wasn't civilized until 1913?

Not really, not by the standards we'd considered civilized today. I certainly wouldn't want to go back to those days.


Exactly, the "good ole days" when people "took care of their own" never actually existed. Before social security malnutrition in the elderly was endemic.
2012-10-24 12:38:21 PM  
1 vote:
Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.

It would be better if Americans from all walks of life realized that stupid talking points that originally came from stupid people and continue to come out of the mouths of different stupid people are stupid.
2012-10-24 12:31:25 PM  
1 vote:

minoridiot: WTF Indeed: Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.

So the US wasn't civilized until 1913?


Not really, not by the standards we'd considered civilized today. I certainly wouldn't want to go back to those days.
2012-10-24 12:04:16 PM  
1 vote:

WTF Indeed: Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.


So the US wasn't civilized until 1913?
2012-10-24 11:18:27 AM  
1 vote:
Good, Americans from all walks of life need to realize that taxes are the price we pay for a civilized society.
 
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