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So what do liberals think is going to happen when payroll taxes go up?

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Smith Watson Posted

So what do liberals think is going to happen when payroll taxes go up?

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The payroll tax holiday was not a tax cut. It was a tax shift where politicians told you about the tax cut and failed to mention the offsetting tax increase. For every dollar you saved, someone else was hit with more taxes. Your taxes aren’t going up. The welfare check is ending. If you don’t like the amount that you have to pay for Social Security, that is sensible. It is the largest expense in retirement planning for the vast majority of Americans. It now delivers a negative return. The problem with the payroll tax holiday is that it insulates you from the incompetence of the system. If you don’t like it, do something about it.

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