Rhetoric meets reality

Workers find out more than just the "other guy" is getting taxed

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Yesterday on this page we asked when the country will wake up to the tax-the-other-guy-to-help-the-economy rhetoric coming out of this White House.

We focused on Mr. Obama’s cynical canard that taxing the rich will somehow improve things – as if the federal government and the national economy were the same thing. They’re not.

But there’s also the federal folderol, which much of the country seems to have swallowed, that we can fix what’s wrong by just taxing the “other guy.”

Today comes a hopeful sign that the awakening may have begun.

Columnist Joseph Curl noted Monday in the Washington Times that even some Democrats and Obama voters are waking up – angry – to the reality that their taxes, too, are going up.

They’re starting to realize that the partial holiday on Social Security taxes is ending, and that more money will be withheld from paychecks beginning this month.

And not the paychecks of the wealthiest 1 percent. As Curl notes, the Tax Policy Center estimates more than 77 percent of Americans will pay higher taxes – and another source predicts “80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes.”

“I know to expect between $93 and $94 less in my paycheck on the 15th,” Curl quoted one liberal-website commenter as lamenting. The commenter, ironically enough, named himself “RomneyLies.”

The anonymous commenter might be even angrier if he knew what the increased withholding will do for him, which is nothing. It’s supposed to be for his retirement – but Congress long ago ate through Americans’ retirement seed corn, “borrowing” our retirement monies to fund ongoing operations of the federal government.

If a private company similarly converted your retirement savings to its own uses, the CEO and anyone who helped him with the scheme would be in prison.

Other taxes, fees and insurance premiums will be surprising Americans from the pages of the federal health care reform act.

The “mainstream” media haven’t really laid all this out for you, so it’s going to come as a shock to many.

For them, rhetoric meets reality with the next paycheck.

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ymnbde
9750
Points
ymnbde 01/08/13 - 07:13 am
10
2
of course,

they're going to say that taxes have just gone back to their proper level, and it's W's fault. But they're taking our real money and giving words that are detached from reality.

nofanofobama
6825
Points
nofanofobama 01/08/13 - 07:55 am
9
3
to be able to vote, one

to be able to vote, one should have to have skin in the game..and i am talking icome taxes not social security..imagine a non-investor having a voice and vote in corporate america, well with the non-taxpayers thats exactly what we have...they have no interest in balance budgets, stewardship etcc...just whats in it for me without the worry of paying...its not FAIR!!!!!..WHEN ARE POLITICIANS GOING TO SHOW ANY CONSIDERATION FOR THOSE OF US WHO ACTUALLY PAY THE BILLS.

Techfan
6461
Points
Techfan 01/08/13 - 08:15 am
4
12
Great right wing talking point. If it were only true.

I can't decide which is scarier, that the AC continues to use the likes of Curl and The "Moonie" Times, or if they actualy believe the tripe they print. It didn't take much to check it out.

Curl, the Moonies, and the AC try to make it sound like the "anonymous commenter" was clueless about the end of the TEMPORARY payroll tax holiday and was enraged at its reimplementation. Far from it. He was commenting on FICA (which he was well aware was a temporary break) and the management of his company (there were a few expletives regarding them) jacking up insurance rates. They just happened to leave out another part of his comment, "THE FICA CHANGE I'LL BE PROUD TO PAY." Gosh, that changes the whole thing. It's not a clueless lefty ticked when he suddenly found out his payroll taxes were going up, but an aware citizen who realizes taxes are necessary and is proud to pay them. One hundred and eighty degrees off, but nice try. Sorry reality didn't fit the right wing bubble.

Techfan
6461
Points
Techfan 01/08/13 - 08:34 am
4
13
"...just whats in it for me"

Like the Farm Bill, a lower tax rate for people sitting on their rear ends getting dividends than for people who work for a living, WalMart paying their worker such a low wage and keeping them all part time so they qualify for food stamps while sucking up $37 million federal tax dollars for widening and extending the road to their headquarters (just a dab of the tax dollars Wally World takes), let corporations scoop up natural resources on federal lands at bargain basement prices, trying to change laws so people can use taxpayer dollars for private schools? It's only $100 billion or so a year in federal corporate welfare plus billions spent on private contractors in Iraq and elsewhere. Yep, lots of "just whats in it for me".

Humble Angela
41338
Points
Humble Angela 01/08/13 - 08:50 am
13
2
The wealth envy crowd, as
Unpublished

The wealth envy crowd, as indicated by the above post frequently refer to those who actually take risk with their money as " sitting on their rear ends getting dividends." While those who sit on their rear ends and live off the taxes of others are somehow the noble ones. Liberal "logic" boggles the mind.

Jane18
12332
Points
Jane18 01/08/13 - 10:48 am
6
2
Be Careful Casting Those Stones

"Some" people should not blast one of their big contributors to the Democrat party, it doesn't look good. Oh yeah, that same contributor(Walmart) has given big $$$$$$$ toward "your man's" inauguration!

soapy_725
43678
Points
soapy_725 01/08/13 - 11:16 am
1
0
Not fact AC......
Unpublished

If a private company similarly converted your retirement savings to its own uses, the CEO and anyone who helped him with the scheme would be in prison. Not true. Not true for union retirement funds. Not true for corporate stock purchase or any corporation paid retirement fund. Corporations "report" to the fed what they have placed in your retirement found for the year that is tax deferred. The money does not actually have to be in place. It a trust thingy. Just like SS. Funds are assets of the corporation or SS is an asset of the fed. And the kicker for corporate retirement funds is that there is an insurance policy on your funds that has a payout of about $900 in case of corporate bankruptcy. Not the total value of your retirement. This came out during one of the "bubble bursting corporation bankruptcy" events. Individuals with documents touting their profit sharing account at $1M plus found out the ugly truth. If a corporation goes belly up, your retirement goes with it. Every heard of corporate raiders? They purchase failing companies with large retirement packages that are part of the sale. The actual or imaginary funds become assets of the new owner.

Only God Almighty tells the truth. It is up to us to listen and prepare.

Riverman1
84110
Points
Riverman1 01/08/13 - 11:23 am
7
2
Carrying Things to the Conclusion

Heck, I think the Detroit woman had it right. If your city voted for Obama your bills should be paid for you. Richmond Cty should remind the feds they voted Democratic. That brings up an interesting point, those cities that support Democrats are usually in financial trouble. So any county or union that supports Democrats should be taken care of. Any union or non-union workers who didn't support Obama should be forced to pay the benefits of the Democratic Party supporting union workers and those counties across the country that support Democrats. Let's just carry things out to their logical conclusion. You would have former Republican Counties swearing up and down they are true Democrats. There would be a contest to see who could out Democrat whom and get more money.

soapy_725
43678
Points
soapy_725 01/08/13 - 11:30 am
1
0
We would like to know what is FAIR taxation? Honestly?
Unpublished

Every citizen pays a percent of all of their gross annual income from whatever source. No exclusions for dividends, capital gains, trust fund allowance, entitlement checks, over seas investments, food stamps, welfare, wages.

The old joke of a three line tax return. 1) Name 2) Total gross income from all sources 3) Remit __% by April 15th. Almighty God only asks for 10%. Is that fair? Ten percent of the entire gross annual income of all Americans. Would that pay to establish justice, provide for the common defense, promote the general welfare and secure the blessing of liberty to ourselves and our posterity?

soapy_725
43678
Points
soapy_725 01/08/13 - 11:34 am
1
0
Everyone is employed by the federal government and shops
Unpublished

at Wally World. Which both may now or soon belong to China.

oneofthesane
2201
Points
oneofthesane 01/08/13 - 11:58 am
2
0
just whats in it for me without the worry of paying...its not FA
Unpublished

Yea, but that can be argued either way...only let the the working class vote, only let the lazy class vote....most would of course vote for what would work for them. The problem is the number of ppl actually voting and the crazy number of ppl voting not knowing what they are voting for (or caring).

oneofthesane
2201
Points
oneofthesane 01/08/13 - 12:02 pm
2
0
citizen who realizes taxes are necessary and is proud to pay the
Unpublished

I guess the proud-to-pay-higher-tax ppl should all send the government extra money at the end of the year as a glad-to-give-gift. Maybe they will stop needing to hike it up for those that ALREADY pay their fair share and using the funds for things we don't agree with. Higher taxes (income for the government) are not necessary when income isn't the problem. Spending is.

oneofthesane
2201
Points
oneofthesane 01/08/13 - 12:04 pm
2
0
(Walmart) has given big $$$$$$$ toward "your man's" inauguration
Unpublished

Ahhh....so glad I dont step foot in any walmart :)

oneofthesane
2201
Points
oneofthesane 01/08/13 - 12:12 pm
2
0
paying their worker such a low wage and keeping them all part ti
Unpublished

Surely they are at least getting paid min wage and dont believe anybody is there working at gun point ( I dont go to walmart, so cant speak intelligently about that, but will safely assume ). If someone is fine working like that for that, what is the issue? Really the cause of the issue is the ppl willing to work there for the amount of money they pay.

oneofthesane
2201
Points
oneofthesane 01/08/13 - 12:20 pm
3
0
.....paying their worker....
Unpublished

Once again, the "rich" create jobs for everyone else. Homeless ppl, welfare recipients, and paycheck-to-paycheck's do not. Why ppl cant see that, I will never understand. Keep biting the hands that feed you and the hands will be gone....to another country.

itsanotherday1
43297
Points
itsanotherday1 01/08/13 - 01:24 pm
8
2
OOTS

You took the point right out of my mouth about Walmart workers. They will pay the minimum required to retain employees; just like any other for profit business. Why would they pay $12/hr to push carts from the parking lot when someone is willing to do it for $8? That is just stupid on its face!
You want better pay? Get some training/education in a field that pays more. Pretty simple supply and demand equation I'd say.

ymnbde
9750
Points
ymnbde 01/08/13 - 01:48 pm
7
2
the (un)intended consequence

is that in years past i have donated money to the United Way and a few other charities. I donated every month. This year, i'm deducting the extra taxes obama takes from me from my donations...i'm sure this will be a necessary and common thing for lots of workers. It will hurt people who work for tips, too. People like the techfan above ("an aware citizen who realizes taxes are necessary") are too cognitively challenged to realize that there is a limit as to what government can waste. They have reached it with me.

allhans
23670
Points
allhans 01/08/13 - 01:51 pm
5
2
Three new appointees to the

Three new appointees to the Obama cabinet and all of them old, rich and white men. He WON, so the others are found to be unnecessary?

dichotomy
33017
Points
dichotomy 01/08/13 - 02:17 pm
6
2
"(there were a few expletives

"(there were a few expletives regarding them) jacking up insurance rates."

Hey, why curse their employer when Obamacare is the cause of the insurance rate increases.

"so people can use taxpayer dollars for private schools"

Did you mean to say so the people who paid ALL of those federal taxes can use some of THEIR money to send their kids to a functioning school of their choice.

And I guess Walmart ought to get a little something for all of the bribes they paid to the Democrat Party and the Obama re-elction campaign and coronation....err.....inauguration .

oneofthesane
2201
Points
oneofthesane 01/08/13 - 03:07 pm
2
0
People happy to pay the higher payroll taxes etc.....
Unpublished

are the ones that don't earn/get a paycheck. Used to receiving hand outs and believe that we, the workers, need to give more....to them....remember...when some certain things go up, everything goes up. What does that mean to the ppl with hands out? Increase in EBT etc.

oneofthesane
2201
Points
oneofthesane 01/08/13 - 04:13 pm
0
0
Here is some common sense, I know it is a gift. I am willing....
Unpublished

to share. Let the "rich" company owners get their tax breaks and throw a few more in. A break for keeping 100% production (realistically 80% given we don't have all the materials needed to produce everything here,here) in US perhaps a 7 year no-tax rule if they keep 100% production within the states. Heck, we give that to immigrants who come here legally and legally start their own biz (and most send the money right back "home"). You know what would happen......more jobs than can be filled more than likely. But that is a place to be much better than where we are now. But common sense never works in politics. It gets no votes.

RMSHEFF
16001
Points
RMSHEFF 01/08/13 - 04:35 pm
5
2
The "evil" corporations

Raise taxes on evil corporations like Walmart and big oil ! There are so many low information (at least 51%) voters that don't understand free markets and macroeconomics. They are being told by democrats and progressive liberals that raising taxes on others will benefit them. If these people only realized that the "final consumer" pays " all " taxes. Corporations collect taxes and pass it on in the price of there product or service. If you raise taxes on the evil corporations the people in the middle and lower income levels get hurt the most both in higher prices and fewer jobs.

carcraft
25928
Points
carcraft 01/08/13 - 08:26 pm
4
1
Tech fan complains about $100

Tech fan complains about $100 billion in corperate welfare but swallows the $1 TRILLION spent on every other type of welfare in the US with out difficulty. Sorry I think the $1 trillion trumps the $100 billion! At least most corperations pay some taxes unless you are one of Obama's green energy companies that went broke!

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