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2012 Election


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2012 Election

  #621 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
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...Big 2013 Tax increase for 163 million workers

WASHINGTON (AP) — President Barack Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.

A temporary reduction in Social Security payroll taxes is due to expire at the end of the year and hardly anyone in Washington is pushing to extend it. Neither Obama nor Romney has proposed an extension, and it probably wouldn't get through Congress anyway, with lawmakers in both parties down on the idea.

Even Republicans who have sworn off tax increases have little appetite to prevent one that will cost a typical worker about $1,000 a year, and two-earner family with six-figure incomes as much as $4,500.

Why are so many politicians sour on continuing the payroll tax break?

Republicans question whether reducing the tax two years ago has done much to stimulate the sluggish economy. Politicians from both parties say they are concerned that it threatens the independent revenue stream that funds Social Security.

They are backed by powerful advocates for seniors, including AARP, who adamantly oppose any extension.

Continued - Psst, taxes go up in 2013 for 163 million workers - Yahoo! News


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  #622 (permalink)
 
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 Zondor 
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Who do you think came out ahead in the First Lady Debate last night between Ann Romney and Michele Obama? Do you think this debate will have an impact on undecided voters?

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  #623 (permalink)
 
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 Big Mike 
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Zondor View Post
Who do you think came out ahead in the First Lady Debate last night between Ann Romney and Michele Obama? Do you think this debate will have an impact on undecided voters?

You got me...

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  #624 (permalink)
 
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The third and final Presidential Debate of 2012:



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  #625 (permalink)
 
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caption to picture above - The third and final Presidential Debate of 2012 (on foreign policy):

You say PACK-a-stan but I say POCK-ee-ston...


(only real difference on foreign policy)

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  #626 (permalink)
 vegasfoster 
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"I know several people who voted for Obama in 2008, but never again. Does anyone know a McCain voter who will vote for Obama in 2012? There are none."

Fair and Balanced prediction Romney wins in a landslide -- Las Vegas oddsmaker doubles down on prediction | Fox News

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  #627 (permalink)
 vegasfoster 
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  #628 (permalink)
 
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 Zondor 
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Still anxiously awaiting your feelings bout whether Ann Romney or Michele Obama came out ahead in the First Lady Debate a few nights ago.

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  #629 (permalink)
 
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 Big Mike 
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Third Party Debates:



Actual debate coverage starts 1h 10m into video I believe, have not watched it yet so let me know.

Ironic that RussiaToday is streaming this, and all the major American networks refused to touch it...

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  #630 (permalink)
 
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Apparently we should move to Iceland if you want your government to actually, truly represent you and be your voice:

Iceland residents draft, approve of crowdsourced constitution - TechSpot News

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Last Updated on November 7, 2012


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