The GOP thinks you shouldn't get a tax break

[Guns Guns Guns]

But the wealthiest 1% should...

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Payroll taxes are the most regressive taxes most Americans pay with respect to current income, and one of the biggest drags on workers’ pay. Cutting them stimulates demand by giving more money to more of those who spend it.


President Obama’s proposed payroll tax cut — part of his American Jobs Act — would leave 161 million workers with larger paychecks in 2012, the Treasury Department estimates.


Employers would also benefit from payroll tax cuts, but only when they hire, so any cuts to the employer portion would be targeted to job creation alone.


http://www.nytimes.com/2011/12/08/opinion/why-the-fight-over-the-payroll-tax-matters.html

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[Phantasmal]

But the wealthiest 1% should...

​

Payroll taxes are the most regressive taxes most Americans pay with respect to current income, and one of the biggest drags on workers’ pay. Cutting them stimulates demand by giving more money to more of those who spend it.


President Obama’s proposed payroll tax cut — part of his American Jobs Act — would leave 161 million workers with larger paychecks in 2012, the Treasury Department estimates.


Employers would also benefit from payroll tax cuts, but only when they hire, so any cuts to the employer portion would be targeted to job creation alone.


http://www.nytimes.com/2011/12/08/opinion/why-the-fight-over-the-payroll-tax-matters.html

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GOP, bunch of misguided fools who are trying to bring down Obama while sinking their own ships. I am sure this folly will be noted at their own re-elections.

 

[Guns Guns Guns]

Don't you know that tax cuts for the rich create jobs?