Income tax "holiday"...
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Income tax "holiday"...

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    Default Income tax "holiday"...

    Are the American people really that stupid? Do the masses, (sheeple) really believe the much argued extension is an income tax holiday?.... This whole crock of SHIT is all about a 1.7 percent reduction in individual Social Security fund contributions. Normal SS paycheck deduction is 6.2% of earned income. (up to a certain amount yearly) It was reduced to 4.5% as a "holiday" to put more "take home" cash in the hands of consumers. However, no one is talking about the end result when the SS administration starts computing the "benefit" upon retirement that is calculated based on total individual contributions over their working life... So all the people that actually think obama has given them something are flat out wrong. They have given it to themselves in the form of advanced payment of the benefit upon retirement... It is NOT an income tax holiday, and the IRS will still get theirs every week... Only in DC can they give you something that is already yours and call it a gift of some sort...
    You can't make this stuff up...
    Ray
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    Money, I agree. This whole thing that is going on is for the consumption of the idiots. Hussein is playing to the dumbasses, and congress is messing with this crap, when they should be working on worthwhile debt reduction legislation.

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    Quote Originally Posted by Moneypit View Post
    Are the American people really that stupid? Do the masses, (sheeple) really believe the much argued extension is an income tax holiday?.... This whole crock of SHIT is all about a 1.7 percent reduction in individual Social Security fund contributions. Normal SS paycheck deduction is 6.2% of earned income. (up to a certain amount yearly) It was reduced to 4.5% as a "holiday" to put more "take home" cash in the hands of consumers. However, no one is talking about the end result when the SS administration starts computing the "benefit" upon retirement that is calculated based on total individual contributions over their working life... So all the people that actually think obama has given them something are flat out wrong. They have given it to themselves in the form of advanced payment of the benefit upon retirement... It is NOT an income tax holiday, and the IRS will still get theirs every week... Only in DC can they give you something that is already yours and call it a gift of some sort...
    You can't make this stuff up...
    Ray

    Yes Ray, the American people are really that stupid! In spades!! Our nation's economy runs on stupidity!!! Millions of Americans willingly get themselves into and keep themselves in debt up to their eyeballs at near usury rates!!! Now why would they actually look down the road to retirement and be concerned with what you accurately describe as the true situation? They see 1.7 % reduction and go shopping with their nearly maxed out credit cards to spend it!!!

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    Zombie has bipolar disorder. Moneypit your dead on target.

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    Quote Originally Posted by Fullup View Post
    Zombie has bipolar disorder. Moneypit your dead on target.

    ???????????????? Please explain, I was in complete agreement with Ray!

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    Default Middle class??

    Lets see, 1.7% of $1000. a week is, wait for it....... A whopping $17.00....Wow, that'll pay for that new Porsche huh?
    Cut it down to $500.00 a week, and it's a whopping $8.50 a week!!!!
    Now down to "fast food" wages, and you'll get an incredible $4.25 GIFT???

    The dims in the House have been standing and yelling about how the right is "taking thousands from the working class" by not passing ol senile Harry's 2 month, temporary bill... The House bill FROZE federal wages across the board. FROZE federal hiring across the board, rolled back the unemployment extensions to 59 weeks from 99 weeks, AND extended obama's 1.7% "gift" for a complete year... But somehow, the Senate bill for 2 months is better???.....Oh, yeah, it has none of the "cuts" that the House bill has. None of the wage or hiring freezes, none of the UI roll backs, etc etc etc...
    C SPAN should be required viewing for every citizen of voting age, period....
    Ray
    PS AND ALL discussions about the "people's business" should be recorded. Even if, or especially if, it is behind closed doors...
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    Quote Originally Posted by zombie View Post
    ???????????????? Please explain, I was in complete agreement with Ray!
    Apparently a rare moment of clear thought. A Christmas present to the PRF maybe?

    America is the land of equal opportunity, not equal success.
    “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” .. Thomas Jefferson

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    Quote Originally Posted by Moneypit View Post
    Lets see, 1.7% of $1000. a week is, wait for it....... A whopping $17.00....Wow, that'll pay for that new Porsche huh?
    Cut it down to $500.00 a week, and it's a whopping $8.50 a week!!!!
    Now down to "fast food" wages, and you'll get an incredible $4.25 GIFT???

    The dims in the House have been standing and yelling about how the right is "taking thousands from the working class" by not passing ol senile Harry's 2 month, temporary bill... The House bill FROZE federal wages across the board. FROZE federal hiring across the board, rolled back the unemployment extensions to 59 weeks from 99 weeks, AND extended obama's 1.7% "gift" for a complete year... But somehow, the Senate bill for 2 months is better???.....Oh, yeah, it has none of the "cuts" that the House bill has. None of the wage or hiring freezes, none of the UI roll backs, etc etc etc...
    C SPAN should be required viewing for every citizen of voting age, period....
    Ray
    PS AND ALL discussions about the "people's business" should be recorded. Even if, or especially if, it is behind closed doors...
    Can you imagine all the man hours put into coming up with this 2 month extension. I would bet it cost the taxpayers more than they will save in contributions not going into the SS trust fund. Ot's the Congress's $300 hammer mentality. Harry Reid is an asshole leading 85 other assholes.

    America is the land of equal opportunity, not equal success.
    “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” .. Thomas Jefferson

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    Quote Originally Posted by Fullup View Post
    Apparently a rare moment of clear thought. A Christmas present to the PRF maybe?

    Oh I get it !!! I did stay with a chick at a Motel Six last night .....

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    Click image for larger version. 

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    Face of a Pussy. He may as well
    endorse Obama now.

    Newt has such clarity.

    ""Here is the quote that Boehner made: 'most businesses file quarterly,'" he said. "That’s three months, right? The Senate has passed a two-month extension. That means if you’re a small business and you’re an accountant, or you’re a corporation, they just gave you an entire additional layer of paperwork that is utterly stupid. And yet the senators are so arrogant -- And I’m very disappointed in the Republican senators in not demanding Harry Reid come back.”"
    Last edited by Fullup; 12-22-2011 at 08:29 PM.

    America is the land of equal opportunity, not equal success.
    “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” .. Thomas Jefferson

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    Dude, YA NAILED IT RIGHT!..(Orig post). Read on..(Pay ya know, as NOT LATER, when needed..stupid fools) My sister is 75, BIL, 87, I'm almost 62, 6 months I get SS dough. BUT, lets dig deeper, on that. After Nam, ended up a damn good Machinist job, Reynolds Aluminum. Started 1n 1973, at 23 years old. They closed the plant down in 1994. As was Union, IAMAW, the "Rule of 65", (need 20 years service, and age to hit the magic "65", and I had 21 years in, and 44 yeas old. I was pensioned out at 44 years old, and have NOT worked in closing on 18 years. So, I go over to the Sis/BIL, his 87 BDay, Dec 1st..(flew B-24's, 5's WW2), and had 40 YEARS in "Shell Oil", Socal. We were yakking me going on SS in June (at 62) Sis said.."how much?". She almost went white face! WHAT", $1500? JERRY WORKED 40 YEARS, AND ONLY GETS $1700, and applied at 65! She looked at me, and said..(she worked for the State Cap here too..)..."You must have made a darn good money, 70's/80's/90's"...YEP, and those good jobs are GONE! So guess, the "stupid, UNEDUCATED ", "the way shit works? "Whooooo, extra $20 a month!"..Hate to say it, but that $20 now? INVEST in a CD, EVERY MONTH...wait 20 years, and YOU WILL NOT NEED.."Social Security. DAMN..THINK HERE!

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    Quote Originally Posted by J. Shelfo Sr. View Post
    Money, I agree. This whole thing that is going on is for the consumption of the idiots. Hussein is playing to the dumbasses, and congress is messing with this crap, when they should be working on worthwhile debt reduction legislation.
    They aren't dummies. If they lowered TAXES it would require deeper spending cuts to keep from sinking into deeper debt even QUICKER. Budget cuts and debt reduction just are not on the table with the dimbulbs.
    But with the lowering of SS deductions, they will simply come back in a couple of years and say, SS and Medicare are in deep trouble and to save it, we need to raise it thru the roof, AND extent the retirement age to 70.



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    Quote Originally Posted by Fullup View Post
    ..."Here is the quote that Boehner made: 'most businesses file quarterly,'" he said. "That’s three months, right? The Senate has passed a two-month extension. That means if you’re a small business and you’re an accountant, or you’re a corporation, they just gave you an entire additional layer of paperwork that is utterly stupid. And yet the senators are so arrogant -- And I’m very disappointed in the Republican senators in not demanding Harry Reid come back.”
    Boner is an idiot...step'd on his pecker by caving into the House bagger extremists...it was an easy call to make but he/they continue to play their games...

    Ship of Fools

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    Quote Originally Posted by shueman View Post
    Boner is an idiot...step'd on his pecker by caving into the House bagger extremists...it was an easy call to make but he/they continue to play their games...

    Ship of Fools
    Bet you see them rolling in the dirt 2 months from now, or sooner, over the very same thing. I bet Reed gets his ass handed to him.

    I guessing the Keystone XL will signed off, or NOTHING the dimbulbs want will get passed until it does.



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