More fun stuff from the land of redistribution....

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"Try and fathom the hypocrisy of a Government that requires every citizen to prove they are insured, but not everyone must prove they are a citizen".

Yeah, and the Payroll tax goes up at the end of the year too, back to the 6.2% level it was before it was reduced....

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When the Payroll Tax Holiday Ends in 2013, Taxes Will Go Through the Roof

Some fun reading.

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"Try and fathom the hypocrisy of a Government that requires every citizen to prove they are insured, but not everyone must prove they are a citizen".

All I can say is it's about time. Cutting the Payroll tax was the One stupid thing Obama did and the one thing I strongly disagreed with. That tax is what funds Social Security.. and when he cut it Social Security went into the red. By Raising the tax back to the old level we can once again begin building on the SST surplus , which means we don't have to borrow more from China to pay the difference each month, which means less spending and smaller deficits... Some taxes are a good thing... this is one of them.

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Yes yes, I LOVE having more money stolen from me, never to be seen again.

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To tax the larger incomes at a higher percentage than the smaller, is to lay a tax on industry and economy; to impose a penalty on people for having worked harder and saved more than their neighbors. ~ John Stuart Mill

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SS was in the red before Obama's tax cut not because of it. The cut just aggravated the problem. Obama has promised to take steps to put SS on sound financial footing in his next term but per usual provides no details. Trust the fiscal management of a President with no interest in a Federal budget.

This particular increase refered to in the OP is for Medicare....

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"Try and fathom the hypocrisy of a Government that requires every citizen to prove they are insured, but not everyone must prove they are a citizen".

It had only just gone into the red because the unemployment went to over 10% in early 2009 because of the recession, before that Social Security was running in the black and the surplus was still taking in money. The problem might have corrected after the recession if Obama had not cut the Payroll tax so much. Now we're depleting the surplus , which increases spending , and leaves no monthly surplus to give the Government their piggy bank for more spending. The Payroll tax needs to go back up or Social Security is going to break us.

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It's the same tax .. Both Social Security and Medicare are funded through the FICA tax.

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