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View Diary: December Private Job Creation Highest in history of ADP Report (56 comments)

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  •  Making Work Pay credit gone.. (1+ / 0-)
    Recommended by:
    Roadbed Guy

    See your Schedule M if you're in that area (20,000 Single, 40,000 family)

    400 Straight credit..

    Many ran the numbers, and many articles on this site talking about it..   Basically, that takes care of the 2% Payroll (Social Security killing) temporary cut)

    •  Obama did not end "Making Work Pay" (2+ / 0-)
      Recommended by:
      Pozzo, Blogvirgin

      it was established as a very short term policy.

      The most important way to protect the environment is not to have more than one child.

      by nextstep on Wed Jan 05, 2011 at 10:30:36 AM PST

      [ Parent ]

      •  But, would you (or most people for that (0+ / 0-)

        matter) say the same thing if he had let Bush's tax cuts expire as they were slated to do?

        No, not really - thus that's a rather disengenous argument.

        The bottom line is that starting January 2011, the only group of wage earners who will be subject to an increase in federal taxes are those at the very bottom.

        Who'd ever have thunk that things would turn out that way?

        •  There was little advocacy for continuation (0+ / 0-)

          of the "Making Work Pay" program, and when initially proposed was always proposed as just for 2 years.

          As most if not all receiving the Making Work Pay credit - actually pay no Federal Income taxes but get cash from the IRS, framing that those people are getting a tax increase is hard to make.

          The most important way to protect the environment is not to have more than one child.

          by nextstep on Wed Jan 05, 2011 at 12:44:03 PM PST

          [ Parent ]

          •  The main reason that framing of that type (0+ / 0-)

            is difficult is because there are not hordes of media types screaming about the poor paying more.

            Quite unlike what happens when the rich are under a similar threat.

          •  And the Bush tax cuts were temporary too.. (0+ / 0-)

            Until Now.  

            Again, 20,000 Individual, 40,000 family = tax INCREASE

            Koch Brothers, Warren Buffet, and Super Rich: Tax CUT..

            Try to get that reversed in a Presidential election year..

            Permanent Cuts.

            And Permanent Increases for the Rich.

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