How Do You Like Your Smaller Paycheck?

Folks who don’t love higher taxes to pay for higher government spending are getting a kick out of this Democratic Underground thread that begins by asking:

What happened that my SS withholdings in my paycheck just went up?

My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease will hurt me more than the increase in income taxes will hurt those making over $…

  1. Fred Cole

    Thank Mollie, everyone.  She reads DU so that you don’t have to.

    Thank you, Mollie.

  2. The King Prawn

    You’re dreaming. As a crane mechanic told me yesterday, those aren’t really taxes going up because I’ll get that money back when I’m on social security.

  3. KC Mulville

    You mean, elections have consequences?

    Wow. Who knew?

  4. kgrant67

    I am out around $220.00 a month between payroll tax change and increase in insurance premiums.  Our health care premiums went up something like 12%.  However, historically, my employer has picked up 75% of the premium.  This time they only picked up 25% of this increase, leaving me to foot 75% of the 12% increase.  

  5. Crow

    I heard it was all the Republicans fault……

  6. Spin

    If I hear “elections have consequences” one more time…

  7. Frank Soto
    C

    I’ve decided to respond to all posts of optimism on Ricochet by quoting things I hear democrat friends say, and inserting the name of the person who made the post.

    “I’m sure the government knows what they are doing Mollie.”

  8. liberal jim
    Mollie Hemingway, Ed.: 

    Of course, not everyone’s taxes went up. Nearly all the national political reporters forgot to dig into this 

    You being a journalist ( excuse my derogatory cauterization) might believe this, but I would almost certainly attribute the usual inept coverage to laziness and/or  a desire to carry water for the parasites hosts.  Journalists on the right provide cover for the establishment Republicans and on the left for the Democrats and are amply rewarded for doing so.

    The political establishment in DC and the national parasitic press are all members of the same club and your assertion that “reporters forgot” makes me think that you are a member in good standing.

  9. The King Prawn

    My question is how much of the “revenue” supposedly raised by this bill comes from the higher taxes on the “wealthy” and how much of it is the increase in OASDI?

  10. Pseudodionysius

    I blame Bush: Moses’s Burning Bush.

  11. Vance Richards
    The King Prawn: You’re dreaming. As a crane mechanic told me yesterday, those aren’t really taxes going up because I’ll get that money back when I’m on social security. · 31 minutes ago

    Yeah, it’s just like a 401K . . . managed by Bernie Madoff.

  12. Pseudodionysius

    Designed by fools: run by idiots. Over the cliff or up the creek? Either way, keep paddling, its a short way to $20 Trillion.

  13. Barkha Herman

    hahahahahahaha!

  14. Give Me Liberty

    My pay is minus $64 this month and I was going to buy a muffler with that money.

  15. liberal jim

    I haven’t done the math but I would think in percentage terms someone earning $600K will have a smaller percentage increase than someone earning $60K.  That said the SS tax never should have been reduced, but both parties embraced the idea.  

    Both parties have consistently supported big government and neither party seems willing to shrink it.  I have no hope the Democrats will change and as long as the Republican Party’s lackeys in the press refuse to hold them accountable they won’t either. 

  16. Eric Wallace

    @liberaljim, your point about some press giving cover to the GOP as others give it to Democrats is well-taken. But I interpreted your quotation from Mollie’s post as sarcasm, far from a defense of anyone’s  reporting.

  17. Mollie Hemingway
    C
    Frank Soto: I’ve decided to respond to all posts of optimism on Ricochet by quoting things I hear democrat friends say, and inserting the name of the person who made the post.

    “I’m sure the government knows what they are doing Mollie.” · 47 minutes ago

    Edited 45 minutes ago

    Brilliant.

  18. Mollie Hemingway
    C
    liberal jim

    Mollie Hemingway, Ed.: 

    Of course, not everyone’s taxes went up. Nearly all the national political reporters forgot to dig into this 

    The political establishment in DC and the national parasitic press are all members of the same club and your assertion that “reporters forgot” makes me think that you are a member in good standing. · 54 minutes ago

    You know me well, @liberaljim. Almost too well.

  19. Margaret Sarah

    I saw reports of the return to the higher FICA rates in the mainstream press. Of course it wasn’t highlighted in the President’s remarks, but then the Republicans didn’t attack it either. It would have been a smart move for the Republicans to move to make the lower rates permanent, as FICA is basically a tax on employment, and we need more of that, not less.

    I think a major problem is that like the crane operator, most people don’t understand how Social Security works; they are still believers in the “lock box.” When I’ve mentioned to liberal friends that Social Security benefits can be changed entirely at the whim of Congress, they are incredulous, even though they have lived through several such changes in benefit levels, tax status, cost of living, etc.

    Before attacking Social Security, Tea Partiers should take some time to inform the public of the true nature of the program.

  20. Vance Richards

    It sounds like the beginning of a Democrat tax revolt. I can see the letter writing campaign that will follow:

    Dear Congressman,

    When I said you should raise taxes I thought it was assumed that I meant other people’s taxes. Please correct this matter ASAP as higher taxes mean less money to buy stuff, and I like buying stuff.

    Sincerely,

    Disappointed Taxpayer

    PS. The data plan on my Obamaphone is 3G, which is clearly one G less than what I need. Please upgrade.

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