lupehernandezdepedajack
Mayor
Mine took a 45 dollar hit. I can cover it by bringing lunch to the office but subway, chick fil a, Panda Express, schlotskys, James Coney Island etc.are gonna lose about a thousand bucks of business this year
How much of a hit did your paycheck take?
- Thread starter lupehernandezdepedajack
- Start date
Yes, it will lessen our spending in other places. We hoped the holiday would prevail until the economy got better, it didn't........ and that's okay....... but it will have an effect on how and where we spend. How could it not? Multiply that by 80% of the people in this countrylosing up to several hundred dollars a month. Retailers and food places are going to feel the pain.
Cerulean Mutt
Mayor
What in the world did they ever do before the SS tax holdiay?
And besides, I thought all you conservatives were all about the free market? Sounds like you're lobbying for some government intervention here.
And besides, I thought all you conservatives were all about the free market? Sounds like you're lobbying for some government intervention here.
What lupe said, Cerulean, is that this "holiday" ending affects disposable income. Usually, the wise thing to do during a down economy is to allow people to have as much disposable income as possible to feed money back into the economy and help it out. Most people will do fine with that money gone, but their outings (to lunch, as lupe said) and other spending will be curtailed.
That said, I don't put blame on Obama for the holiday being ended. The Republicans asked for some income to replace the outgo.....and that holiday provided at least a little income. So the Republicans get the blame if there is any issued out. It is being mentioned by Republicans because President Obama promised no increased taxes but he failed to mention the FICA holiday that would expire. Many Americans don't pay much attention to what is going on and when their paycheck gets smaller, Obama will be blamed. But really, that's not Obama's problem since he isn't running for election in 2016.
That said, I don't put blame on Obama for the holiday being ended. The Republicans asked for some income to replace the outgo.....and that holiday provided at least a little income. So the Republicans get the blame if there is any issued out. It is being mentioned by Republicans because President Obama promised no increased taxes but he failed to mention the FICA holiday that would expire. Many Americans don't pay much attention to what is going on and when their paycheck gets smaller, Obama will be blamed. But really, that's not Obama's problem since he isn't running for election in 2016.
lupehernandezdepedajack
Mayor
The hit on a minimum wage earner is probably much lower than that of a real working American. So you got off easy.
It won't; it will go to some more of his cronies and supporters so they can play at being businessmen. Then a good bit of it will go back into his campaign coffers.
You are absolutely right, lupe. I just got back from the grocery store and prices on everything are up. Gasoline prices are not at their all-time high, but they are still higher than they were 4 years ago. So that extra money that we got in the holiday was definitely soaked up by higher prices. Taking it away (whatever the reason) is going to dampen the economy noticeably.
The alleged "SS tax holiday" symbolizes and clearly reveals everything that encompasses both the Obama Regime and the man himself. It is smoke and mirrors, sleight of hand, total bullshit, full of sound and fury signifying nothing.
This country has fallen into the clutches of a reprobate mind who has no interest in serving the American people.
amfh
Council Member
Excuse me but once again you expose your ignorance.
This affected SS only.
Frankly, I understood the desire to stimulate spending but the rate needs to return to previous levels to continue funding SS.
No, but you expose yours. Barack Obama has made a career of scratching dumbasses where they do not itch. Lowering the SS rate and giving the money back to the mushroom (Liberal low-information voter) hardly does a moron a favor. The money would have been better spent going into his SS account. And yet you seem to have piddled in your pants from joy over getting some of your own money back.
It doesn't embarrass you to demonstrate such ignorance?
NightSwimmer
Senator
Mine's bigger.
The rest of you guys... Well, you know.
The rest of you guys... Well, you know.
