You may not care about this, but you should...unless you earn more than $97,500 per year. Here's what opponents to eliminating the cap say (from a paper in 2004, hence the lower cap):
Eliminating the payroll tax cap immediately affects the 9.2 million Americans who earn more than $87,900, raising their marginal tax rate — the tax paid on each additional dollar of wage income — by 12.4 percent. As a result, earners in the top income tax bracket (35 percent) would pay more than half of each additional dollar they earn in taxes.Let me ask you a question--does that bother you? Do those top tax bracket folks face homelessness and starvation?
Moving on to other things that won't change, now that NBC has decided that the civil war in Iraq is actually a civil war in Iraq, it will be interesting to see two things develop. For one, the White House will stretch language to unimaginable distortions to deny the fact. This should launch a dozen dissertations in linguistics, at least. The second will be to watch the Democrats squirm away from actually doing anything to get us the fuck out of being in the middle of 5? 6? 7? factions killing each other. A ghoulish pool to start would be to speculate how many more Americans will die before the Democratic Congress finally acknowledges the idiocy and criminality of starting this war and pulls the troops out of the shooting gallery.
But they won't, because amoral political opportunists on the Dem's side voted to give this stupid monarchy of the Chimp's the authority to go to war, and that includes the Kerrys, Clintons, Edwards, etc. Any of these Democratic politicians who voted to authorize the war should be denied any attempt at the presidency in 2008, and should be constantly reminded of how they are all as morally culpable for this disaster as Bush, Rumsfeld, Wolfowitz, Cheney, and the rest of the criminals.
Meet the new boss--same as the old boss.
Feel fooled again?
7 comments:
Olaf, it's not that I don't agree with you, but maybe we should at least wait to be outraged until we see what the new congress does. They won't even go to work until January...
Yeah, you're right. I just wish they'd start dancin' in front of the cameras, pointing at the White House, screamin' "We're comin' for YOU, bitch!"
I mean, imagine Nancy Pelosi and Harry Reid doing that. Now that's what I call television.
LOL...yeah, san fran nan...she needs to dust off her halo. same can be said for reid. gimmie a break. like the dems will do any better. they are liars and thieves just like the rest, just not quite as bolden....yet.
I guess I am idealistic, but I am holding out hope, at least until they screw things up for the first time. Then, I will join you in cinicism...
I still have hope, but crusted over with the residue from the cowardice of the Democrats in the very recent past when all they had to do was loudly resist. Now that they are expected to act, let's hope they learned something from the last five years and will play only hardball. The Republicans are in decline and disarray. Now is the moment for decisive, aggressive, progressive action.
sorry to be such a downer, but, unfortunately, from my perspective, nancy pelosi has never been exactly a progressive inspiration. i doubt she'll change her stripes much at this point.
geez, dusty, just rain on our parade. geez.
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