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Not having the making work pay deduction next year is going to be brutal.

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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 12:02 PM
Original message
Not having the making work pay deduction next year is going to be brutal.
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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 12:07 PM
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1. Not as brutal
as being unemployed.

I'd be happy to have your job.
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alarimer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 12:20 PM
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2. Yes. This tax compromise will result in higher taxes for those on the bottom.
The payroll tax cut will probably be about $40 extra in my paycheck. I am not willing to sacrifice my future retirement (and jeopardize SS) for $40. Anybody who thinks that is a good deal is an idiot.
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 12:43 PM
Response to Reply #2
3. I find it unbeleivable that we extend tax cuts for the rich but let Obamas expire.
the making work pay was a compromise struck during Obamas first year and he didn't even try to fight for them.
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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 01:05 PM
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4. Won't most of it be balanced out by the lower payroll tax? n/t
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-22-11 01:08 PM
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5. Just wait til all the tax breaks expire and we go back to the Clinton rates.
Making work pay will seem tiny indeed.
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