m gardner Posted January 1, 2011 Report Share Posted January 1, 2011 Did anyone else notice that in the bill extending the Bush tax cuts, that the social security tax was lowered from 6.2% to 4.2%? A decrease of nearly 30%. I wonder how two years of defunding social security at this level will affect the predictions of when it will go broke? Seems seniors have been thrown under the bus again. Mark Quote Link to comment Share on other sites More sharing options...
Ohiobucks Posted January 1, 2011 Report Share Posted January 1, 2011 How about people my age that have been paying into for 20 years now, but know we will never see that $$$ again? Quote Link to comment Share on other sites More sharing options...
m gardner Posted January 1, 2011 Author Report Share Posted January 1, 2011 How about people my age that have been paying into for 20 years now, but know we will never see that $$$ again? Sounds like we're all in trouble for sure and few people I talk to realize that it's not 2% but 30% overall. This is what happens when they rush things through. We need to talk to our representatives again about their future in politics. Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted January 2, 2011 Report Share Posted January 2, 2011 Knew the tax cuts were extended, but had not yet heard about the social security part of this. We need to talk to our representatives again about their future in politics. I agree. Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted January 9, 2011 Report Share Posted January 9, 2011 this is going to be a great debate factor for the conservatives in 2012. i think it was a good move to extend for only 2 years. we'll let the liberals talk against permanent in early 2012. it should be fun. Quote Link to comment Share on other sites More sharing options...
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