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  Topic: What You Could Buy with
the Average Tax Increase
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What You Could Buy with
the Average Tax Increase

American Thinker, by J. Robert Smith

Original Article

Posted By:Dreadnought, 1/5/2013 11:10:51 AM

What´s $1,635 per year more in taxes for tens of millions of households? That´s just $136.25 taken from a family budget per month. Like prudent mobsters, President Obama and Speaker Boehner are just skimming a little from your earnings to keep the nation from falling off that awful fiscal cliff. As patriots, on the order of 1984, we should all rejoice that Big Brother knows best. Let´s see what a paltry $1,635 buys annually, shall we? And, dear reader, feel free to add to the list. How about a... 1. Whirlpool 26.4 cu. ft.

      


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Reply 1 - Posted by: Pam, 1/5/2013 11:46:26 AM     (No. 9100231)

It buys you a contribution to your retirement. What part of Social Security Retirement Fund is not clear when it comes to payroll tax.

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Reply 2 - Posted by: rosefenn, 1/5/2013 11:47:03 AM     (No. 9100232)

$136.25 is cat food, dog food and cat litter for the month for my 3 cats and my dog. Or it is my heating bill in January here in Nebraska. It is cable/phone/internet. It is a big shop at the grocery store, and I don´t buy steak and lobster -- just bread, milk, potatoes, apples, lettuce, margarine, peant butter, etc. But it´s MY $136.25, even if that amount merely represents a month´s worth of Starbucks latte´s for the ones in Congress who just sold me out.


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Reply 3 - Posted by: MattMusson, 1/5/2013 12:00:42 PM     (No. 9100260)

You might not like it - but this just means that people are paying for Social Security again. And, If you are not paying for it - they can take it away. If you are paying for it - you can demand to get back what you put in.

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Reply 4 - Posted by: 6079 Smith, W, 1/5/2013 12:15:29 PM     (No. 9100282)

With the increase in food costs, it means that it will be harder to feed yourself and your family. But, hey, the rich got what they deserved--make that "the productive sector".

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Reply 5 - Posted by: JHHolliday, 1/5/2013 12:38:35 PM     (No. 9100329)

Social Security is broke. Bankruptcy was inevitable as soon as congress decided to use SS funds on other programs.

I paid into the plan for 50 years and certainly expect a check every month. The problem is that SS is underfunded and will have to be fixed. Raise the retirement age to 67-68 and remove the earnings cap and you put the program back in the black. And yes, I know, that is a massive tax increase on ´the wealthy´ but it´s the only logical thing to do.

SS has to be fixed. Too many people now depend on it. They should have been looking after their own retirement but they didn´t, did they? So now we are stuck and we can either cut benefits (never, never happen) or raise the rate from 6.2 percent to 8, 9 or more which would absolutely kill off what´s left of the middle class. Or we can raise the retirement age and remove the earnings cap.

There really is no such thing as a free lunch in spite of what our politicians tell us.

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Reply 6 - Posted by: KanCreeper, 1/5/2013 12:41:38 PM     (No. 9100342)

Under the current Regime, in four more years; it will buy a bag of Skittles, and a bottle of water at the 7/11.

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Reply 7 - Posted by: veritas, 1/5/2013 2:24:50 PM     (No. 9100515)

Yeah, well, that $136-a-month has already been spent. On higher gas prices. Higher food prices. Stuff like that.

This $136 is another chunk out of your standard of living.

Have a nice day.

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Reply 8 - Posted by: nonsense, 1/5/2013 2:52:52 PM     (No. 9100548)

Is St. Hillary or her husband Billary receiving SS? If so, I must ask, is this fair?

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Reply 9 - Posted by: Charactercounts, 1/5/2013 5:22:11 PM     (No. 9100686)

Agree, #5. When Obama declared that "tax holiday" a while back, I knew it was bad for the Social Security fund.

However, the extra money resulting was what was keeping our household able to cover the increased costs of the Obama economy. Now, more things will have to go from our budget.

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Reply 10 - Posted by: ladydawgfan, 1/6/2013 2:44:48 AM     (No. 9101029)

$136 per month is the money my mom needs for her asthma meds. It also pays for my migraine meds. Thanks, urkel. Now you´re not just a pain in my arse, you are also a breath-taking head ache as well!!!

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