TAXED ENOUGH ALREADY!! WHERE WERE THE REPUBLICANS ON THIS? DONT THEY HAVE A PLEDGE NOT TO RAISE TAXES? TO WHOM DID THEY PLEDGE? THE WEALTHIEST AMERICANS? Take a look at what President Obamas proposed 3.1% payroll tax cut on employees would have provided in tax relief in 2012. What would have been the impact in your state? The complete elimination of FICA tax would be an immediate 6.2% pay raise for most Americans who pay the tax on every dollar they earn. Note: Treasury can just write the check to keep Social Security and Medicare completely unaffected, which is what they did when the 2% cut was in effect for 2011. treasury.gov/resource-center/tax-policy/Documents/State-by-State-Look-at-the-Presidents-Payroll-Tax-Cuts-for-Middle-Class-Families-11-29-2011.pdf
Posted on: Thu, 11 Sep 2014 12:42:08 +0000
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