Plan B Forum

Econoline wrote::]temporary[/i] measure, to act as an economic stimulus (to increase the money available for consumer spending). Do I read you right, oldr, are you saying that the government should never enact a temporary tax cut for any reason--that if we can't afford to make a cut permanent, we shouldn't enact a cut at all, not even as an economic stimulus?

Scooter wrote:How about frivolous things like, uh, food, shelter, transportation? Do those count, bag boy?

liberty wrote:

Scooter wrote:How about frivolous things like, uh, food, shelter, transportation? Do those count, bag boy?

Not enough

and a lot of the construction (transportation) is done by illegal aliens that send their money home to Mexico

And what is wrong with bag boys, janitors, plumbers or even the retarded or as far as that goes any of the other number of people that you look down on.

And what is wrong with bag boys, janitors, plumbers or even the retarded or as far as that goes any of the other number of people that you look down on.

Econoline wrote: Just to clarify...the payroll tax cut was always supposed to be a temporary measure, to act as an economic stimulus (to increase the money available for consumer spending). Do I read you right, oldr, are you saying that the government should never enact a temporary tax cut for any reason--that if we can't afford to make a cut permanent, we shouldn't enact a cut at all, not even as an economic stimulus?

(I'm guessing that you're probably not saying that the Social Security system is overfunded and should be collecting less money going forward, right?)

liberty wrote:

Scooter wrote:

And what is wrong with bag boys, janitors, plumbers or even the retarded or as far as that goes any of the other number of people that you look down on.

I look down on idiots, a group of which you have amply demonstrated yourself to be a member.

1usually offensive : a person affected with extreme mental retardation.

Really, I don’t think having an opinion that you don’t like qualifies.

id·i·ot [id-ee-uh t]
noun
1.
Informal. an utterly foolish or senseless person.

mo·ron [mawr-on, mohr-]
noun
1.
Informal. a person who is notably stupid or lacking in good judgment.

oldr_n_wsr wrote:I was paying X in taxes in December, now I am paying X+2% in taxes. And that wasn't a soc sec tax raise, that was what? a payroll tax. Less money in my pocket means less to spend (or save). That's no way to stimulate the economy. I make well south of $200,000

What is the payroll tax?
Appearing on many paystubs as FICA, Med-FICA, OASDI, Social Security, or Medicare, most Americans have 6.2 percent of their paychecks withheld to fund Social Security (payments to retired and disabled individuals) and another 1.45 percent withheld to fund Medicare (health care for the elderly), for a combined 7.65 percent. Employers also contribute an additional 7.65 percent. Together, these taxes raise nearly $1 trillion per year.
What was the payroll tax holiday?
The payroll tax holiday was enacted in 2011, which reduced the employee share of the Social Security payroll tax from 6.2 percent to 4.2 percent. The holiday was not renewed when it expired at the end of 2012.
Why did the payroll tax holiday expire?
The payroll tax holiday proved popular with taxpayers but costly, reducing federal revenues by some $10 billion per month. U.S. payroll taxes also fund some of our largest entitlement programs, so reducing them potentially aggravated the long-term solvency of Social Security. Proponents of the holiday argued that it boosted spending; experts continue to debate the effect on the economy of such short-term stimulus proposals. Proponents also stated that the federal government would make up Social Security’s lost revenue, although the federal government has no budget surplus to do so. The holiday therefore meant larger federal government borrowing, at a time of record deficits.

("Dear America: Your Higher Payroll Taxes Are Not The Result Of A Tax Increase")