One thing politicians have plenty of, your money to bribe you with!
Obama’s idiotic scheme to extend the payroll tax “holiday” for employees is theft, pure and simple! The Payroll Tax is actually a Social Security and Medicare tax, 12.4 percent for the former and 2.9 percent for the latter. To be used only to fund Social Security and Medicare Benefits. Not to be used for cheap vote buying by a community organizer.
More Lies and Deceit: Obama says the tax holiday will INCREASE EMPLOYMENT! HOW? The democrats in the Senate have already removed the limited EMPLOYER portion of the tax holiday so EMPLOYERS will receive no direct benefit from this cash giveaway. EMPLOYERS are the ones who create jobs, not EMPLOYEES. So giving money to the EMPLOYEES does nothing to create jobs!
But, that is not the worse thing. The worse thing is that at a time when the SSA and Medicare actuaries are all predicting bankruptcy for both Social Security and Medicare,
Obama is robbing the current tax contributions for both of these programs.
HE IS DELIBERATELY STEALING MONEY THAT HAS BEEN DESIGNATED TO GO TO
SOCIAL SECURITY AND MEDICARE AND IS GIVING TO OTHERS WHO ARE NOT ELIGIBLE FOR SOCIAL SECURITY NOR MEDICARE YET.
Social Security has no other means of support other than through this payroll tax, FICA on your checkstub. So what! Obama does not care if he bankrupts both programs. He will just take the programs over and force those who are working to pay even more, making this $1,000 payroll tax gift you are receiving extremely expensive.
While Obama is deliberately bankrupting Social Security and Medicare, he is also leaving for a well deserved 17 day vacation in Hawaii. For those who are out of work, don’t worry. Obama will be thinking of you the whole time he is golfing, snorkeling, or doing whatever he does when he is on vacation. The only real difference that we, his citizens will see, is that he is not campaigning. His second favorite pastime…