AP Story: Taxes Go Up in 2013 for 163 Million Workers / Taxpayers

[Pauls' Revere]

So,...wait a second here.

what percentage is that of the tax paying population?

[oyarde]

So,...wait a second here.

what percentage is that of the tax paying population?

Pretty much anyone that has payroll taxes coming out from a job.

[oyarde]

Basically , the way I understand it , the 2 % cut in Social Security tax will expire Jan 1 giving, most a tax increase, those who recieve Social Security are slotted for an increase of 1.7 % .

[oyarde]

My guess, New years is also when the next" recession " starts .

[ronpaulfollower999]

Get rid of the IRS (individual income tax and corporate income tax) and you would only have to go back to FY 98 or FY 97 to have a balanced budget. Privatize Social Security and Medicare, and begin dismantling Medicaid.

My guess, New years is also when the next" recession " starts .

Good bet. The dominos have already started falling this month.

http://www.zerohedge.com/news/2012-1...-getting-worse

http://www.businessweek.com/news/201...t-growth-slows

[jbauer]

I have never had one . People should be responsible for damage , that is certain. In most places the level is so low , .08 or lower it is only used as a source of revenue, not true impairment . I would be at .08 if I drank two beers and would still be a better driver than 90 % on the road. Look at the cities that are top ten per capita in the US for DUI, I know a couple of them , and it is over enforcement , pulling people over just to see , easy revenue. I have one beer every night behind the wheel , that is legal , because I am under the limit .

You're probably right, but the guy who got 3 of them obvioulsy wasn't very smart and easily could have made travel arangments to avoid it. At some point there needs to be a point where there is willful intent not to do the right thing. I'd prefer making him work then sitting in jail but thats just me.

[oyarde]

You're probably right, but the guy who got 3 of them obvioulsy wasn't very smart and easily could have made travel arangments to avoid it. At some point there needs to be a point where there is willful intent not to do the right thing. I'd prefer making him work then sitting in jail but thats just me.

Yep , when he got it , went right back to work same place he worked before , bought a house within a few blocks, waited ten years , got his license back , about twenty years later bought a farm.He definately belonged at work those ten years....

[oyarde]

Get rid of the IRS (individual income tax and corporate income tax) and you would only have to go back to FY 98 or FY 97 to have a balanced budget. Privatize Social Security and Medicare, and begin dismantling Medicaid.



Good bet. The dominos have already started falling this month.

http://www.zerohedge.com/news/2012-1...-getting-worse

http://www.businessweek.com/news/201...t-growth-slows

Come New Years , I expect growth to be negative, good six months.