The joke's on us. How did this one sneak through?
The biggest hit to the economy is expected to come from the end of a two-year Social Security tax cut. The so-called payroll tax is scheduled to bounce back up to 6.2 percent from 4.2 percent in 2011 and 2012, amounting to a $1,000 tax increase for someone earning $50,000 a year.I'm a member of the working poor.
In this economic emergency the US can start paying 100%. All they have to do is stop the wars and use that. Or just print more money.
11:51 AM PT: I'll be off and online for a while - I'll continue to reply as I can.