Do you agree with extending the payroll tax cut?

This question and many more topic's in the Spirit of America survey at 300 milionmanmarch.com if we speak as a nation united we have a chance.

 

They should stop all tax cut and let it run out.

The gubment needs to pull out of afganistan and stop all payment for defence contracts in Iraq and Afganistan, and bring the military home.

Once they do both, the USA can get on track to improving it's economics.

Stoping the tax cuts means the capital gains tax will go from 15% to 23% and the standard deduction will go from over $5150 to about $3000. No big deal. People should be able to live with this. It is not going to set them back to poverty. Also, when the economy picks up, they will be making more than this tiny amout they refuse to give up.

When taxes were higher people were making more money on investments and jobs payed more. Today they pay less taxes and make less on investments and the jobs pay less.

So Americans are stupid when it comes to economics. That is the result fo the ignorant public school system for making people stupid on a larg scale.

More tax and more cuts is the only solution.

Clinton had the balance of tax right.

Get rid of homeland security, and the TSA. Cut that and you save hundreds of billion a year.

 

We need the money, pay up people! This is just letting Bush's tax cuts expire.

 

The problem is the left isn't willing to let the Bush tax cuts expire for everyone, but only wants to raise them on those making 250k a year a measly 4.6 points and claim that will be the end of all our economic problems and we don't have to cut anything else except defense.

That is absolute bull(*)(*)(*)(*).

If we need revenues, I want to see loopholes for everyone wiped out and the tax base broadened to include everyone, then we won't need to raise any rates.

 

I agree with abolishing most Federal taxes.

 

The gubment should raise all the taxes and if people do not like it, put them on a boat and ship them off to Afganistan. No taxes there. and no big gubment to interfere with their corn-stipational rights. And no concealed firearm laws, and no police to hassel you.

 

feel free to mail the Feds $40 every week.

 

I agree with the extension of the payroll tax cut. I am an opponent of any tax increase when the economy is this fragile. The solvency of Social Security is dependent on reforms to the system, not the payroll tax base.

 

I think the payroll tax cut was a joke to begin with. Twenty bucks a week in the pockets of American workers isn't worth the cost. This year, it cost the Social Security trust funds $110 billion in lost revenue — money that the federal government reimbursed by borrowing.

Instead of the proposed renewal that included unemp extensions, I would like to have seen a rider that required all federal salaries to be reduced by 10%. Why the hell aren't they looking at their own bloated selves to pay for some of this stuff???

 

Here is where I agree with you. The tax cuts of the past 12 years amounted to about squat for us here on the bottom half of the economic food chain. Like in all countries where there is services and taxes. you pay for it directly or indirectly. Pay up front or down the line. People make such a big deal of this tax cut. But it is insignificant to most americans. And bdecause most americans lack the ability to do their own taxes, they will not know just how small this political sound bite realy is.

Again you pay for it up front or indirectly via some other form of government mess. Peoples minds are to limited and small to see the big picture.

 

$20 a week means a (*)(*)(*)(*)load to many families, including my own. It's the gas to get to work or school, to feed your kids, to pay your bills.

Conservatives love tax cuts for the wealthy who neither notice or are affected by their increases or cuts, but hardly ever support cuts for the middle and lower class; the people who need it. $1000 a year is a lot of money. If you don't get that, you don't understand the American people, the economy, or how the world works.

 

I second this.

This is a tough question for me to answer. I would like to see unconstitutional Social Security wiped out. But at the same time it probably isn't going to. The system is going to be bankrupt and I would rather have the people who haven't being paying the normal rates to start contributing so the younger generation doesn't get absolutely screwed.

If BIG changes aren't made to SS within the next 20 years, the payroll tax will eventually have to be astronomical just to keep SS running.

 

Ok, tell that to the guy in 20 years who will be paying $60 more a week to make up the difference... from you not paying. You know, your kids or grand kids generation.

 

social security is not unconstitutional,

secondly when democrats extend the payroll tax cuts it helps to bankrupt the system sooner which means a fix will be neccessary sooner and that means the rich will have to pay into it with increased capital gains taxes

democrats have been able to get republicans to agree to have the general expendature fund compensate for losses from payroll tax cuts so this opens the door for the corporations and wealthy to pay for our retirements

 

Yes it is. I'm not going to debate simple constiution issues with you. Explain to us how it is constitutional for the government to require me to pay into something I may never be able to use.

Literally the dumbest thing I have EVER read on this board. Ever. I am not exaggerating. I don't even know how to respond to this statement because it is so (*)(*)(*)(*)ing stupid.

What is wrong with paying for your own retirement. Why is it someone else's responsibility?





Now I remember why I had to take a break from the political forums for a while... geez

 

so in essence if we want to save social security we have to agree to extend the payroll tax cut because that will force the issue sooner than later as to how we fix it

since most americans presently still favor social security we (democrats) must act quickly to bankrupt it and get the support needed from the majority of voters to finally have the rich help pay for our childrens retirements as well as our own.

 

Essentially you are saying that you as democrats must first ruin the country... then you can start from scratch and do whatever you want. In otherwords, destroy the country purposely, so you can build the liberal dream socialist nation.

Thanks for admitting this.

 

A fabrication; social security's solvency is not being affected by this tax credit.

 

Yes it is. Future payroll taxes will have to be much higher because of this tax cut to keep the program going.

Pre-cut, they weren't high enough. They are going to have to raise dramatically and the seniors are going to have to take a cut in benefits.

I suggest you research SS a little bit.

 

No. It will not. SS' income is going to stay constant; the government is paying the workers' share into the trust fund.

I suggest you research what you're trying to talk about before forming an opinion.

 

Who pays for the benefits? It sure as hell isn't government. It is the people who are currently working and paying SS deductions.

If you are working right now, you are paying for the people currently receiving. If you are receiving, the people who are currently working are paying for your benefits.


Not to mention government has nothing to begin with. They must first take from one to give anything to another.

 

its government taking responsibility for people and forcing them to save for retirement and it will be solvent if republicans allow us to force the rich to contribute to payroll taxes with their investment income taxes

we can also force corporations to contribute to the trust fund and end their evil 401ks which all went bankrupt in the stock market crash of 2008,

nothing is wrong with social security

 

Except for the fact that it is going to be bankrupt very soon.

There is major problems when a system goes bankrupt.

 

We were discussing solvency of the trust fund. The cut in payroll tax will not affect the trust fund, as general revenues will be used to pay the same amount in. SS is fine. It's just a tax cut that uses SS payroll tax as a measure of how much to pay back.

 

Come on!! You think the Tailban and the radical Muslims would stop attacking the US. Come on Really?!!!