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Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

By Hayley Peterson | The Daily Mail

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

Read more at the Daily Mail

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social security would be in

social security would be in much better shape if the scoundrels in washington had not stolen all the money out of the trust fund to pay for their damn wars.

It's bout that time...

...for the government to swoop in with a deal to give us back a percentage of what they are taking now. It's a trick as old as time. Take a lot at first then give back a little later and the people will cheer and say, " Thank you! Oh Thank you! ". And you know I'm right.

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SS is a bought and paid for Benefit, not an Entitlement.

Payroll tax? SS is not a tax! However to Congress, is it just another unneeded rip off of the taxpayer? That is what it seems like to just many folks, unless you apply a right meaning. “Payroll tax” is Social Security payments, collected so that one has a retirement paycheck to look forward to. The less you put in, the less you get out! It's not a tax! Rather payments into a national self-insurance plan called “Social Security.” Congress has go to stop robbing it! Ever hear the majority of Americans saying, “Don't touch my Social Security!” Well, guess what, it's been touched through the back door, and years worth of less paying into it, means less out later. That's sad enough, but on top of that, what do the political elected people do with this, they treat it like income tax and spend it as soon as it comes in, like just another revenue source. It's not Congress' to spend nor is it the Administrations', but with calling it a “Payroll Tax,” looks like these listless branches of government get away with spending it anyway! Kicking out the current way of spending the people's insurance money (SS contributions) is the only way to save what little may be left of the fund, after the congressional vultures pick it to pieces.

The ONLY way to "save" social

The ONLY way to "save" social security is to stop the governments participation! End it once and for all! And allow people to save for retirement outside of the governments reach. If they can get their hands on it, it is not safe from them. What about all those people that pay into it for decades and die by 65? They get $288 for burial after paying in tens of thousands? That's not fair or right. SS is a ponzi scheme that fails in the end. Ending it now is the only moral solution.

The Supreme Court has a couple of relevant rulings on what SS is

see Helvering vs. Davis (1937) and Flemming vs. Nestor (1960).

http://www.ssa.gov/history/court.html

http://www.ssa.gov/history/nestor.html

What can I say.. thanks for

What can I say.. thanks for opening my mind to the reality of the theft of my SS money. It is just another tax as the Supreme Court said in ((Helvering v. Davis: "Congress may spend money in aid of the 'general welfare'...There have been great statesmen in our history who have stood for other views...The line must still be drawn between one welfare and another, between particular and general. Where this shall be placed cannot be known through a formula in advance of the event...The discretion belongs to Congress, unless the choice is clearly wrong, a display of arbitrary power, not an exercise of judgment. This is now familiar law.")) And ((the U.S. Supreme Court held in Flemming vs. Nestor (1960) there are no "accrued property rights" to a Social Security check. That means Congress can do anything it wishes with Social Security and that includes means-testing payments, raising eligibility age, reducing payments, increasing "contributions" or eliminate the program altogether. The same applies to any of the other so-called non-discretionary spending programs.)) Until the unbalanced system collapses.

Work for cash and don't

Work for cash and don't declare a damn thing.

Simple Facts and Plain Arguments
A common sense take on politics and current events.

www.simplefactsplainarguments.com

You don't want to know how much THEY are hammering me for..

Crooked bastards!

That's what Obama and the Congress wanted


The rich Elites always get what they want, and Obama has assured that this always happens. Runaway Corporate Giveaways (the real "Entitlements"), and the most excessive and horrific Militarism in all of World History is always...always protected, and is always increased.

But the working-class always gets the bill, and gets screwed over, and that is by design.

As Ron Paul said himself, Obama is no "Socialist". He's just another Corporatist. Obama is the first Democratic President to want to gut Social Security, while protecting in place the ongoing multi-Trillion Dollar robbery by the Banking/War Establishment.




How I am feeling ?

I saw my pay stub today and yes siree BOB!
They stole more from me this week then last.

... and now a story from the war between the states

After the battle of Fredricksburg the confederates came back into town and they had seen all the damage that was done during the union occupation and someone on Gen. T.J. Jackson's staff looked around and asked " How are we gonna put an end to all this?" ... and Jackson said " Kill em,kill em all ! "

Life is a sexually transmitted disease with a 100% fatality rate.
Don't Give me Liberty, I'll get up and get it myself!

I'm staring at my pay stub.

I'm staring at my pay stub. 20 bucks more a week is being held for social security. That's an increase of 960 a year. I just turned 30. I know I will never see that money ever again.

Try this - Maybe you'll have more luck than I did.

A few years ago I wrote to the Socialist Security Administration and made them an offer.

I told them that if they sent back the $80,000 they had taken from me in payroll deductions through the years that I would never ask them for a penny when I retire.

I even wasn't charging them interest.

But they said no - I couldn't do that.

End of subject.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Those of us in our 30's

might get lucky and see a few years of checks from SS. The millenials are effed. They better wake up.

I got 8 years on you ...

... and I feel the same thing!

Life is a sexually transmitted disease with a 100% fatality rate.
Don't Give me Liberty, I'll get up and get it myself!