Thank you Mr. Limbaugh - this clip on the payroll tax was a very clear easy to understand explination. I am a republican - and still proud to be one !
"Obama's payroll tax increase"? The Republicans control Congress. Both sides were involved in what is being termed as a "payroll tax increase."
The reality is, however, that payroll taxes were not increased. What happened was the payroll tax was temporarily decreased during the recession as a form of so-called "stimulus." While the stimulus didn't help Obama's economy, what it did do was cut down on the funding of Social Security, thus causing Social Security to bankrupt America sooner than had been expected. The payroll tax funds Social Security, so to cut the payroll tax while keeping benefits the same is simply to give people benefits they didn't earn and to bankrupt America (by spending more than we are able to afford). The payroll tax has now returned to the normal level that is has always been at.
Can someone please tell me why we aren't using this Opportunity?
I am in the same shoes as all of us working folks. My paycheck is smaller and that dollar is being stretched to it's breaking point.
Why aren't we capitalizing on this?!
For heaven's sake. This is a golden opportunity to turn the low information voters AGAINST THE DEMOCRATS!
For the GOP to be a party of TAX CUTS again.
Why don't we EVER take the clear shot?
Just had this exact discussion with an employee, he made the claim that he paid half of SS and I paid half. I explained to him why he pays all of SS.
I then tried to explain that every time the government wastes money it costs him some of his paycheck and he responded that with five kids and a wife that doesn't work that he pays no taxes. It never dawned on him until I explained it that I do pay taxes. I quickly outlined for him how without excessive taxes and regulations he would most likely have take home pay 30% greater than he has now and the only thing government assistance programs have done for him was to remove the pride and satisfaction of supporting his family on his own efforts.
Rush's point of defunding SS for the past two years is right and a point that I tried to tell my friends. In the end we ALL lose. Especially, those 50+ who have been paying into the system for 30+ years, who have yet to retire. Your benefits will more than likely be reduced. I advised everyone to get a free copy of your SS statement every year to compare year after year. You obtain this via the SSA online.
It was never a tax cut and the Bastards who voted as a tax cut should get their retirement pay yanked to make up the shortfall.
Another item he failed to mentioned. The rich did not get affected by this. Why? Once you reached $110,100.00 for that year, you stop paying the FICA tax.
People need to wise up and educate them selves. Nothing is ever free.
If you are going to complain about your taxes went up. STOP.
good points although when it comes to the rich are not affected by this...at the beginning of this year i started to pay ss again with the raise and starting from scratch my pay went down approx 300.00 a week..no this will not kill me and the rich will not be effected that much....but i will spend 300.00 less a week in the private sector...multiply that by hundreds of thousands of people and who gets hurt the most?..the guy that works at the place i don't spend my 300 a week at.......care must be taken when you tax the rich...the wrong people always get hurt
Welcome to Europe. My first student just said he can't come this morning because he has to go see his lawyer to register his tax information - new taxes require everyone to re-register their tax info - at a fee, of course. Their idea of generating income. Last year we all had to replace our billing books - new commerce generated for paper companies everywhere. I lose money because he can't come, he loses money because he's not working, and paying out to the big-lord gov. Last week it was a GPS capsul injection for every pet.
The people tha are the most shocked are the ones who got their 1st job out of high school or college after the payroll tax cut was already in effect.
I know this is off topic.....but Ruger has a "take action" page to send a message to our representatives that gun owners take their gun rights seriously and wont stand idly by as the "progressives" seek to cripple the 2nd amendment.
want to slow this government down? to all employers.......list your total cost of employment as GROSS EARNINGS on the pay stub.....than show the true deductions one pays...the average worker will go NUTS!!!!....than you can do the same on the product you sell....e.g. list the price of a loaf of bread add government and overhead ...people will then understand!!!!
Most corporations already provide this information to their employees. They show both what you pay and what the company pays, to include benefits and taxes. This is what they consider overhead.
I may earn $80K, but actually I earn $87K when you add up all the benefits and taxes. Also, another big overhead is unemployment tax. This is paid by the employer, but figured in your "overhead" annual salary.
this was done many years ago by a company owned by a Libertarian. The IRS threatened to close him down if he continued. He was alone and had no choice but to do as they said. What a damned shame and abuse of power.
Will just one honest gutsy Rep step up to the plate and file IMPEACHMENT charges against this sorry worthless commie sonofabitch.? As Joe said we must SCREAM to the top of our lungs. Write your senators and reps every damn day until they get the message, about taxes, the 2nd Amendment, drill here now, the debt ceiling, foreign aid and bring our troops home. Pass these videos on to everyone you know. Tell everyone you know. It is up to We The People to get this done. PISS ON OBAMA!
I'm with you. And, NO, not one single republican will do anything except talk tough on talk shows and TV interviews. When it comes down to it? Nada. Remember all those tough-talking guys about Fast and Furious and Benghazi? Yeah.... what happened there? And, those same guys? Voted for Boehner to be Speaker again. We are all being played, my friend.
Maybe the South shall rise again. If they do I will move down there in a flash!!!! First of all I'll have to get rid of my NY accent.
You do know Clinton was Impeached...Senate refused to convict. And the World thinks Clinton is the greatest human since Gandi. Impeach Obuma 24/7/365 and nothing as the Senate will never convict their dear leader. All it would do is be another thing the historians would leave out of history books.
And the average American taxpayer hasn't seen ANYTHING yet. Wait, just wait, until all of the taxes under Obamacare start to kick in. In fact, all the the younger workers will get hit the hardest, because now they will have to pay for expensive insurance (or the fine) whether they need it or not. Obamacare will be the biggest tax increase on the Middle Class in American history and it's about to start. And let's not even talk about the rise in capital gains tax or dividend income tax, two things that retired people live off of and need. Yup, elections DO have consequences. Too bad the low information voters out there were not paying any attention. Now they will end up paying the price for it.
The pols have been stealing from the SS fund for a very long time but who cares? What really bothers me about SS is that is money we gave the govt and trusted them with it expecting it be there when it was our turn to collect. Both parties are at fault and should be put behind bars for thievery.
And where's the media on this? Lying and covering up for Obama.
Kick those liars out of business, boycott them, remove their microphone and evil influence and most of America's problems and drama goes away overnight because the truth is finally getting out there to the masses.
It's apparent that the average America isn't paying attention - other than maybe watching NBC, CBS, ABC, MSNBC, or CNN (notice I didn't include FNC - who trumps them all and tells more of the truth by far). My evidence? This monster Obama got re-elected. He was unqualified for the job from the begining... he's run up more debt than all of his predecessors combined... and he is absolutely destroying this country in terrible and possibly irreversable ways... and the media covers up for him and applauds at his genious.
Obama should be dragged out of office... he is a liar and a traitor.
Rush is right on, I spoke with a few people I met during the weekend, some I knew most I didn't, I asked them if they had noticed their payroll check was less than what they expected? Well,needless to say a few had noticed and a couple han't been paid yet. But the ones that had, did notice and were shocked. It's like I said to everyone of them, this is what the Tea Party was warning everyone about. These increases in taxes and all that goes along with the increased taxes, is to fund Obamacare; government healthcare, I told them their taxes were going to get even higher because all new taxes had not been implimenetd, but were surly on there way. This weekend I was speaking to all races of Americans and they were shocked. So I told them to hold on, because so far this was only one of 20+ new taxes to come into effect faster than the speed of sound.
I've heard the average increase is $25.00 to $50.00 per week or per paycheck depending on ones income.
One last note these weren't the rich, they were the astroturfs who are working and paying the taxes.
Did anyone you spoke with say it was those damned Republicans and not Oboma's fault???? Hope you had an influence on their thinking.
I just wish people would learn the hard way on their own dime. There is going to be great wailing and gnashing of teeth and I knew it on Nov 6th right after Obama was declared the winner.
Why hasn't the House already passed a Middle Class tax cut since that by Constitutional Law is their perview and sent it to the Senate forcing Reid to say its dead on arrival or explain why the D's are against it or possibly even pass it and send it to Obuma's desk.
Because they are inept and weak and afraid of their own shadows. Because in my opinion, they are complicit in all of it. They could have already defunded Obamacare. Simply don't pay for it. They could defund anything they want. Even if a bill doesn't make it through the Senate, the House pays the bills. They could have cut off funding any time and forced Obama and the Senate to put through a budget. The republicans have done nothing but pass worthless bills out of the House that never see the light of day. It gives them cover, but the real travesty is that they could cut off the money. Easily. Never believe them when they tell you they only control 1/2 of 1/3 of the government. Rubbish.
That does need to be done right this second and the Republicans need to do it. But will they? Absolutely not. I am beginning to think that the Republicans are compicit in all of Obama's plans. Another party, anyone?
And all of those belly aching about it I wonder if they even realize that the money that is being taken isn't even going to SS or Medicare or their Grandma but to the general fund so Obama can give away some more money via crony capitalism and take another vacation?!
AND YOU CAN THANK BILL CLINTON AND THE DEMOCRATS FOR THAT!
he can speak that all he wants, until the mainstream media stop parroting the Obama administration, few are going to get it.
But...but... Rush, it's impossible!!! ;) Prezzy has promised "NO TAX HIKE for anybody earning less than 1/4M...
Rrright...or just extreme left?
Another lie augmented with another lie.
Me too. However, I must confess there will never be a day when I don't listen to Rush, Levin, Hannity, etc. They keep me sane. They say what I am thinking. It may be preaching to the choir, but this member of the choir needs that preaching.
In case you haven't noticed most Americans are is in a frenzy! Whaaat! LOL! Our national brush is stuck..LOL
Excellent Joe! Thank you for your love of country, your the American citizen our country is desperately in need of. Patriots like you need to keep passing that word, that's the way we it the job done.
Americans live free because were are free.
I'll go first--AAAAAAAAAAGHHHhhYAHYAH, I want to run down the street, scream and claw at my face.
The country is going down the tubes and nobody in Washington cares.
I'm so sick and tired of hearing every sing excuse in the book for the commie in chief.
I do scream every evening!
How about You?
More importantly - I want these "heads" to get others worked up
Watch that clip above !