stumpy
Founding Member
Posts: 430
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Post by stumpy on Jan 3, 2013 9:54:45 GMT -6
The working class American lhas been hit with a tax increase! It was the democratic Senate that instigated the increase or rather the lack of interest to stop the law from being enacted. The law said that the temporary reduction in S/S taxes would expire on 12/31/12. It was 4.2% and it goes back to 6.2%. Yes the dems let it happen and then the republican woosies voted with them. I hate Congress!
For those of you making $500.00 weekly - $10.00 more in taxes each and every week. Making a $1.000? you will owe$20.00 more or over a thousand per year. But that's only for us working people
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yippee
Founding Member
Posts: 1,996
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Post by yippee on Jan 3, 2013 13:57:22 GMT -6
what? i thought us middle class folks were going to be fine --- it was only the rich folk
you kidding right? (Wink)
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DirtyDon
Founding Member
Official Beer Czar
In Cerevisia Veritas! Cogito sumere potum alterum.
Posts: 8,499
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Post by DirtyDon on Jan 3, 2013 16:28:58 GMT -6
what? i thought us middle class folks were going to be fine --- it was only the rich folk you kidding right? (Wink) obama took care of his contributors... Hollywood, Wall Street, some Liquor Contributors,. the asset wealthy (some of his biggest contributors and bundlers). the rest of us will pay higher taxes AND higher costs for the goods and services produced by those not favored by obama
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Post by jimmyvolleyball on Jan 3, 2013 17:32:43 GMT -6
Not to mention healthcare insurance costs.
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yippee
Founding Member
Posts: 1,996
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Post by yippee on Jan 3, 2013 18:48:19 GMT -6
When you buy something from cabbalas - they print the cost of Obama care directly on the ticket so you will know how much you are paying for it. Good idea IMO
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echilow
Founding Member
Posts: 1,191
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Post by echilow on Jan 10, 2013 10:28:20 GMT -6
I'll be paying more in taxes but I'll be getting a lot more back. Starting Feb. I'll be getting my first of many (I hope) Social Security checks, at least until they run out. ;D
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Post by jimmyvolleyball on Jan 10, 2013 11:52:39 GMT -6
Spread the word. A lot of companies and small business employers have deducted the increased tax from the first paychecks after the first of the year which usually cover the period for December 15 -December 31. The law was not passed until the 28th and did not take effect until January 1st. So a lot of people are getting docked two weeks early.
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stumpy
Founding Member
Posts: 430
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Post by stumpy on Jan 11, 2013 22:03:27 GMT -6
I use Quick Books for my payroll and I found out that the actual law that kept SS withholding at 4.2% was set to expire on 12/31/12. The 4.2% rate was the law for two years so there was more time to fix this problem and not just "falling off the cliff."
I am so tired of the lies coming from our government and mostly Obama. We have elected a liar and crook to be our president when he should be running some black neighborhood in Chicago where they glorify criminals.
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willie
Founding Member
Posts: 561
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Post by willie on Jan 12, 2013 0:58:27 GMT -6
No- he should be running a cell block @ Club Fed.
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