mfcorey1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:54 PM
Original message |
Whoa!! My pension check is indicating a $37.00 increase in taxes. What happened to the tax cut? nt |
Seedersandleechers
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:55 PM
Response to Original message |
mfcorey1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:56 PM
Response to Reply #1 |
BeyondGeography
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:56 PM
Response to Original message |
Hello_Kitty
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:58 PM
Original message |
|
Stellar talking point to use on others in the OP's position. "Suck it up, geezer. At least you're getting a pension!"
|
mfcorey1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:09 PM
Response to Original message |
12. Geezer? LOL Retired at 57 after 33 years of employment. nt |
BeyondGeography
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:35 PM
Response to Reply #12 |
WCGreen
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:57 PM
Response to Original message |
4. Since you are not receiving Wages, the tax increase due to the expiration of the |
|
Bush 'temporary tax cuts' is in effect and not off set by the one year roll back of FICA contributions from 6.2% to 4.2%...
|
Ian David
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:57 PM
Response to Original message |
5. That's probably just what's being withheld. You'll get a refund when you file. n/t |
Hello_Kitty
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:38 PM
Response to Reply #5 |
16. Why would withholding change on a fixed pension? |
leftstreet
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:57 PM
Response to Original message |
6. It's Trickle Up Economics |
|
Why do you hate rich people?
:cry: :cry: :cry:
|
hfojvt
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:58 PM
Response to Original message |
7. taxes went up for people making under $20,000 |
|
http://journals.democraticunderground.com/hfojvt/135and also for people on pensions who do not get the social security tax cut.
|
slackmaster
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 01:58 PM
Response to Original message |
8. Your $37 increase is to offset my $37 cut |
JBoy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:04 PM
Response to Reply #8 |
9. Or the interest payment to China on the loan that's funding your $1,000 cut. |
DCKit
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:07 PM
Response to Reply #8 |
11. You bastid!!!! Bwahahahahahahaha!!! nt |
Frustratedlady
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:06 PM
Response to Original message |
10. Yeah, I got a notice that mine will go down about the same amount. |
rurallib
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:13 PM
Response to Original message |
13. tax cuts were for the rich |
|
tax raises for the poor seldom got discussed.
|
Hello_Kitty
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 02:38 PM
Response to Reply #13 |
15. When we did discuss it we were told it would have been worse if the tax cuts had expired. |
katnapped
(938 posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:08 PM
Response to Reply #15 |
20. Yup "be glad you got anything!" n/t |
Historic NY
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:00 PM
Response to Original message |
17. see video Making work pay tax cut ended |
JVS
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:04 PM
Response to Original message |
18. Do you make under 20k/year? |
mfcorey1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:05 PM
Response to Reply #18 |
JVS
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 04:02 PM
Response to Reply #19 |
23. Ok. From what I understand, over 20k means your taxes will be going down. |
|
However withholding might be done at a higher rate than before, which means you should see the money back when you get your tax refund.
|
Kennah
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:11 PM
Response to Original message |
21. TARP thanks you for your contribution |
alc
(649 posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 03:51 PM
Response to Original message |
22. a tax cut from the stimulus package expired |
|
If you're a retired state or federal worker http://www.theindychannel.com/news/26520774/detail.htmlI read a better description somewhere a few days ago but that's the first link I found on google.
|
ipaint
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-11 04:06 PM
Response to Original message |
24. Tax cuts for the rich NEVER expire on the other hand tax cuts for the poor |
|
expire on the button, no questions asked and no extensions allowed. Period. End of story. If you are poor shut up and suck it up, too bad for you.
|
DU
AdBot (1000+ posts) |
Tue Apr 23rd 2024, 08:34 PM
Response to Original message |