Monday, December 06, 2010

Why Cut Social Security, Where Are The Senior's

From The Wall Street Journal via Drudge.

White House Proposes Payroll-Tax Holiday

By JONATHAN WEISMAN And JOHN D. MCKINNON

WASHINGTON—Aides to President Barack Obama are proposing a one-year reduction in the payroll tax as part of negotiations with Congress on a broader package to stave off income-tax increases due to take effect next year.

Under the White House plan, the Social Security tax paid by workers would drop temporarily by 2 percentage points, to 4.2% from 6.2%, a person familiar with the proposal said. For a worker earning $40,000, the tax savings would be $800.

Why cut S S taxes, I thought It's

BROKE!!!!!!!!!!!

Who the Heck thought of this?

Update, 5:45 pm.

Why not cut Federal income taxes?

Why not cut Business taxes?

Why S.S. Taxes only?

No comments: