(Closed) What's your take on the fiscal cliff deal?

posted 5 years ago in Legal
Post # 3
Member
4046 posts
Honey bee
  • Wedding: November 1999

EH, not going to worry about it ๐Ÿ™‚ That’s my take.

Post # 4
Member
883 posts
Busy bee
  • Wedding: September 2012

there are only two things inevitable in life, death and taxes

As long as I get back what I put in when i collect SS, i don’t care

 

Post # 5
Member
6745 posts
Bee Keeper
  • Wedding: June 2014

My take is that I’m losing an extra $1000/year to taxes and I bet anything that when I’m old enough to collect SS, that sh1t won’t be good anymore. 

I’m kinda pissed… I really, really need all the money I can get right now. ๐Ÿ™

Post # 6
Member
104 posts
Blushing bee

I think it’s awful. People work hard to be successful and now we’re taxed to take care of those who don’t care about themselves and lives. We’re all being hurt by the new healthcare taxes as well. It’s another 4 years… Hope they’re happy with what they got

Post # 7
Member
7479 posts
Busy Beekeeper
  • Wedding: November 2010

@LoveGypsy:  

 

Well said.

Post # 8
Member
473 posts
Helper bee
  • Wedding: September 2013

The payroll tax holiday was a terrible decision from the start. It didn’t do anything to stimulate the economy and it only succeeded in underfunding Social Security. For someone making a $50,000 salary, it’s essentially $20/week. If that little amount of money breaks you, then you need to take a serious look at your budget. When the payroll tax holiday originally started, I just reallocated that 2% to my 403(b) and I’m not changing that.

As far as the “fiscal cliff,” it was nothing more than a dog and pony show. While I’m of course glad my marginal tax rate isn’t increasing, I think we should have went over.

I’m only counting on myself for my retirement and not Social Security. I do have a 100% company-funded pension, but like Social Security, I pretend it isn’t there. If I collect the “free” money, awesome. If I don’t get it, I’ll be fine as well.

Post # 9
Member
6360 posts
Bee Keeper

manufactured drama, but there really is a global economic problem.

It is due to corruption from the international corps and big banks, and the govenments being too corrupted themselves to stop it. They are weak because we have let them be weak.

Post # 10
Member
903 posts
Busy bee
  • Wedding: September 2012

@LoveGypsy:  People “who don’t care about themselves” or people who work their asses off and still can’t make enough to take care of their families? I’m sick of this assumption that poor people are lazy, it’s offensive. Most poor people work just as hard as the “successful” people you bring up but aren’t necessarily afforded the same opportunities in life. Personally, I’m grateful for the opportunities that have allowed me to get a good education and to have a stable job to support myself, and I don’t begrudge the money from my taxes that goes to less fortunate people.

As for your dig about “another four years” — you do realize that these tax cuts introduced during the Bush administration were all meant to expire all along? So this deal actually keeps that from happening to the majority of Americans. You’re welcome.

Post # 12
Member
3569 posts
Sugar bee
  • Wedding: April 2013

@Scc6a:  +100

I stop watching/reading all this fiscal cliff crap it just makes me want to slam my head against a hard surface repeatedly.

Post # 14
Member
143 posts
Blushing bee
  • Wedding: January 2013

@Scc6a:  I do think there are a lot of hardworking families that deserve help. The problem is that our system is set up to incentivize freeloading. It’s too easy in this country to be lazy and just expect that the government will take care of you. 

To me the irony is that the US wanted independence in part because we were being overtaxed by England, now we are heading down the same path. I can’t help but wonder if our forefathers would be having another tea party.  ๐Ÿ™‚

Post # 15
Member
2961 posts
Sugar bee
  • Wedding: May 2014

The American people just got royally screwed IMO.

Post # 16
Member
903 posts
Busy bee
  • Wedding: September 2012

@TwoNerds:  Well I’d be interested in seeing any statistics that suggest the majority of people on welfare and other public assistance are “freeloaders,” because as long as freeloaders are in the minority, I’m not that worried about it. There will always be people who abuse any system, but that doesn’t mean we shouldn’t help the people who deserve it. I do think that most people don’t want to be on welfare and work hard to pull themselves out of it. 

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