Funny, my paycheck was a little lighter today!!!
On Wednesday, January 2, 2013, MJ wrote:
>
> *Your Payroll Taxes Are Going Up
> *Posted by Ryan W. McMaken <javascript:_e({}, 'cvml',
> '[email protected]');> on January 1, 2013 10:27 PM
>
> The so-called fiscal cliff deal will mean that the temporary payroll tax
> cut from the Bush years will
> expire<http://blogs.wsj.com/economics/2013/01/01/payroll-tax-cut-expires-how-much-more-will-you-pay/>.
> This means most people will see an increase in taxes on their income. Make
> no mistake: Most people pay taxes on their income and most people will now
> see an increase of two percent in their tax burden under the new deal. This
> will affect anyone who earns wages.
>
> That nonsense that conservatives and Republicans were repeating about how "47
> percent" of Americans pay no
> tax<http://www.lewrockwell.com/blog/lewrw/archives/121486.html>was always
> pure fantasy. Everyone who earns wages pays taxes on that income
> in the form of payroll taxes. Now all of us who earn wages will see an
> increase in the taxes we pay on income.
>
> We can thank the Republicans for making the now-expired tax cut temporary,
> and we can also thank the Republicans for doing nothing to stop this tax
> increase. But, in the minds of conservatives and Republicans, I suppose, no
> one is seeing a tax increase but "the rich" because, well, payroll taxes
> don't count.
>
> The false classification of payroll taxes as non-taxes is perpetuated of
> course by social-security recipients who live in denial of the fact that
> they are on
> welfare<http://www.lewrockwell.com/blog/lewrw/archives/121502.html>and that
> payroll taxes are nothing more than taxes collected from current
> workers to pay the bills of old pensioners who are living on the backs of
> present workers. By pretending that payroll taxes aren't real taxes, social
> security recipients are helping Obama and the other tax raisers claim that
> only the rich are seeing a tax increase with this current deal.
>
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--
brine
http://brineb.blogspot.com/
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