Larry Posted December 22, 2011 Author Share Posted December 22, 2011 Some of you arn't following along:Its not just an extension for 2 months It creates a new tax status listed in a previous post so that rich people will not get over after two months while the middle class pay for 7 months so they created an 18, 500 bracket that needs to be coded into software. Just like the Daylight Savings time.. three weeks comes with a price for the coders. Two of the major union representation of the different fields (Also linked earlier) stated this was a bad idea (they were both asked earlier for expertise but was put in last minute. The GAO never had a chance to even score this, it was put together so fast. Could you provide some kind of a link to that? I've been reading the actual bill. (Well, as near as I can find it, which is a copy os the amendments that the Senate made to the House bill. Which is really annoying to try to read, since it's a list of changes without a list of what's being changed.) And the only time I see such a number listed, is (as near as I can tell), where they change the "ceiling" for the FICA tax that is paid by the self employed. (The self employed have a special tax on them, because they have to pay both the "employee" and "employer" taxes.) Link to comment Share on other sites More sharing options...
twa Posted December 22, 2011 Share Posted December 22, 2011 (The self employed have a special tax on them, because they have to pay both the "employee" and "employer" taxes.) anyone happen to know the current rate on that ? Link to comment Share on other sites More sharing options...
Larry Posted December 22, 2011 Author Share Posted December 22, 2011 anyone happen to know the current rate on that ? At present, the employee pays 4.2%, of the first $106,800. And the employer pays 6.2%, also of the first $106,800. (There's also a Medicaid tax, where each of the employer and employee pay 1.45%, and there is no ceiling.) Link to comment Share on other sites More sharing options...
Tulane Skins Fan Posted December 22, 2011 Share Posted December 22, 2011 Proof that McConnell's ding dong hangs lower than Boehner's. Link to comment Share on other sites More sharing options...
GibbsFactor Posted December 22, 2011 Share Posted December 22, 2011 All that for two months? Ha Link to comment Share on other sites More sharing options...
Larry Posted December 22, 2011 Author Share Posted December 22, 2011 It's not for two months, and we both know it. The odds of Congress hitting every person in America with a tax hike, six months before an election? They're arguing over what things will or won't get attached to it, and over which side gets credit/blame. Link to comment Share on other sites More sharing options...
twa Posted December 22, 2011 Share Posted December 22, 2011 Well the House gave in.....******* Link to comment Share on other sites More sharing options...
Larry Posted December 22, 2011 Author Share Posted December 22, 2011 They allowed a vote? Link to comment Share on other sites More sharing options...
isle-hawg Posted December 22, 2011 Share Posted December 22, 2011 They allowed a vote? Washington (CNN) -- House Speaker John Boehner on Thursday announced an agreement with Senate Democratic leader Harry Reid to extend the payroll tax cut for two months. The deal amounted to a reversal of the opposition by House Republicans of the two-month extension passed by the Senate. According to Republican and Democratic sources, previously recalcitrant House GOP leaders agreed to the short-term extension of the tax break to allow time for further negotiations. http://www.cnn.com/2011/12/22/politics/congress-payroll-tax-cut/index.html?hpt=hp_t1 These asshats in congress suck!!!!! None of them stand for a ****ing thing other then to line their slimy pockets Link to comment Share on other sites More sharing options...
Thiebear Posted December 22, 2011 Share Posted December 22, 2011 They caved... The second least they could have done was make it 3 months to span the quarter as the one congressman stated. at least the democrats have a belief system.. (they worship at the alter of the repubs imploding). seems to payoff. Link to comment Share on other sites More sharing options...
ACW Posted December 22, 2011 Share Posted December 22, 2011 Well the House gave in.....******* Link to comment Share on other sites More sharing options...
RedskinsFan44 Posted December 22, 2011 Share Posted December 22, 2011 This was never about 2 months vs 1 year, 166$ vs $1000, or the difficulty for accountants. It was about what concessions / spending cuts would be given in exchange for the payroll tax extension. The Tea Party could still throw a monkey wrench in the process if they get one member on the floor to dissent. Link to comment Share on other sites More sharing options...
@DCGoldPants Posted February 13, 2012 Share Posted February 13, 2012 House Republican leaders agree to payroll-tax holiday extension without offsetsBy Paul Kane, Updated: Monday, February 13, 5:21 PM Trying to avert another tax showdown, House Republican leaders Monday proposed an extension of the withholding-tax holiday to the end of the year without offsetting spending cuts. Locked in a fight over the payroll tax holiday since President Obama made it the centerpiece of his jobs legislation last September, the top three House GOP leaders backed off previous demands that its extension be accompanied by spending reductions to shore up the finances of the Social Security program, which is funded through withholding taxes. Instead, while blaming Senate Democrats for not negotiating in good faith, House Speaker John A. Boehner (R-Ohio) and his top lieutenants said they would not be held responsible for an increase in taxes to 160 million workers, whose payroll withholdings are set to increase an average of $80 a month starting March 1. Republicans want to continue negotiations over financing the rest of the original legislative package, including an extension of unemployment benefits and a key tweak to maintain Medicare reimbursement rates for doctors, while assuring that taxes will not rise on workers. “Because the president and Senate Democratic leaders have not allowed their conferees to support a responsible bipartisan agreement, today House Republicans will introduce a backup plan that would simply extend the payroll tax holiday for the remainder of the year while the conference negotiations continue,” Boehner, House Majority Leader Eric I. Cantor (R-Va.) and House Majority Whip Kevin McCarthy (R-Calif.) said in a joint statement. More from the link Link to comment Share on other sites More sharing options...
twa Posted February 14, 2012 Share Posted February 14, 2012 and the ones that complained of increased spending and cutting taxes .....crickets may a deseased camel molest all of them repeatedly. Link to comment Share on other sites More sharing options...
ACW Posted February 14, 2012 Share Posted February 14, 2012 and the ones that complained of increased spending and cutting taxes .....cricketsmay a deseased camel molest all of them repeatedly. Deceased or diseased? :pfft: Link to comment Share on other sites More sharing options...
Larry Posted February 14, 2012 Author Share Posted February 14, 2012 (Buford's link) I'm a bit surprised. I was under the impression that the reason the Senate couldn't do the full-year extension, two months ago, was because the Senate Dems had to comply with the Senate's "pay as you go" rule (And, supposedly, the Senate couldn't come up with a way of paying for it, that would overcome a filibuster.) Link to comment Share on other sites More sharing options...
twa Posted February 14, 2012 Share Posted February 14, 2012 Deceased or diseased? :pfft: A zombie camel would probably cover both bases you are overlooking progressive definitions www.urbandictionary.com/define.php?term=deseased Being so diseased, you're almost deceased. Can be applied to the entire body, or a particular organ. Link to comment Share on other sites More sharing options...
ACW Posted February 14, 2012 Share Posted February 14, 2012 A zombie camel would probably cover both bases :ols: Link to comment Share on other sites More sharing options...
@DCGoldPants Posted February 14, 2012 Share Posted February 14, 2012 A zombie camel would probably cover both basesyou are overlooking progressive definitions www.urbandictionary.com/define.php?term=deseased Being so diseased, you're almost deceased. Can be applied to the entire body, or a particular organ. Link to comment Share on other sites More sharing options...
ACW Posted February 14, 2012 Share Posted February 14, 2012 That is scary/awesome. Link to comment Share on other sites More sharing options...
@DCGoldPants Posted February 14, 2012 Share Posted February 14, 2012 That is scary/awesome. Then how about this? Link to comment Share on other sites More sharing options...
ACW Posted February 14, 2012 Share Posted February 14, 2012 That's just bizarre (who's faceis that?). Link to comment Share on other sites More sharing options...
isle-hawg Posted February 14, 2012 Share Posted February 14, 2012 For those like me who favor a balanced budget every year unless extreme circumstances prevent it . It may be in our best interest for Obama to get re-elected with the Republicans controlling both house's of congress??? Why I say this is both the R's and D's have had their chances recently to show their fiscal responsibility (or lack thereof) when controlling the 3 branches who control the budget, and it appears to me a balanced budget is not in either party's agenda based on their voting when controlling the office's who controlled the budget. Link to comment Share on other sites More sharing options...
GibbsFactor Posted February 14, 2012 Share Posted February 14, 2012 For those like me who favor a balanced budget every year unless extreme circumstances prevent it . It may be in our best interest for Obama to get re-elected with the Republicans controlling both house's of congress???Why I say this is both the R's and D's have had their chances recently to show their fiscal responsibility (or lack thereof) when controlling the 3 branches who control the budget, and it appears to me a balanced budget is not in either party's agenda based on their voting when controlling the office's who controlled the budget. The chicken hawks didn't expand it like this. If you stop combining Clinton with Obama, you'll see that current liberal polices are, in fact, expensive. Link to comment Share on other sites More sharing options...
isle-hawg Posted February 14, 2012 Share Posted February 14, 2012 The chicken hawks didn't expand it like this. If you stop combining Clinton with Obama, you'll see that current liberal polices are, in fact, expensive. I agree that the current polices are expensive and unaffordable! My point is the R's in congress only seem to care about fiscal conservatism when a D is President. Taking a budget surplus and turning that into a huge deficit when the R's controlled the Presidency, Senate and House, does not compute to me for fiscal conservatism. Yes I know Obama and friends "one upped them" with irresponsibly when it comes to budget deficits but it seems to me a recurring theme in our gov't is to agree when it comes to borrowing/spending more money (with interest), and continuing to push the hard decisions that will one day have to be made IRT the budget. Link to comment Share on other sites More sharing options...
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