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. · 02-09-2009, 10:39 AM

as a means to help stimulate the economy?

chinky eyes · 02-09-2009, 11:35 AM

Absolutely, let me bring home more of my money NOW!

Oneshot · 02-09-2009, 11:54 AM

short term.. all dem social programs have costs.. what would be funny though federal tax gone down and state tax gone up

. · 02-09-2009, 12:06 PM

Originally Posted by Oneshot

short term.. all dem social programs have costs.. what would be funny though federal tax gone down and state tax gone up

I agree i think doing this longterm would cause more problems than the recession itself

and yes that would not be good for those people living in states that tax income

. · 02-09-2009, 12:08 PM

Originally Posted by chinky eyes

Absolutely, let me bring home more of my money NOW!

curious

would you spend it or save it?

chinky eyes · 02-09-2009, 12:38 PM

Originally Posted by .

curious

would you spend it or save it?

Pay off debt and save it. Fork Uncle Sam, I gotta bail myself out.

Yankee Doodle · 02-09-2009, 01:43 PM

Originally Posted by .

as a means to help stimulate the economy?

I think a phased approach would work. If you did 50% over this year then 25% then 12.5% then back to normal it would work. I don't believe that the social programs will suffer as much as they are suffering now. It will definitely ease the pressure. I think it's kinda too late now, though. Had this been done a year ago along with some other regulatory changes, we wouldn't be in this shape.

. · 02-09-2009, 05:02 PM

Originally Posted by Yankee Doodle

I think a phased approach would work. If you did 50% over this year then 25% then 12.5% then back to normal it would work. I don't believe that the social programs will suffer as much as they are suffering now. It will definitely ease the pressure. I think it's kinda too late now, though. Had this been done a year ago along with some other regulatory changes, we wouldn't be in this shape.

yes i also think a phased redution working in tandem with an expiration date will work.By no means should it be reduced by more than 50% as that would be wreckless nor should it be openended with no VERY cleear cease date;no matter what the state of the economy is at that time.
this way people will know that this is temporary and not to rely on it.
pay down your debts,purchase durable items you need...Dont use it to advance your lifesyle overall.
I think this can still work however Obama would need to jump on it quickly.
Its not a cure, but it will assist the economic deterioration

**Vincy-Soca-Diva** · 02-09-2009, 06:45 PM

Originally Posted by Oneshot

short term.. all dem social programs have costs.. what would be funny though federal tax gone down and state tax gone up

And that I could see happening.

. · 02-10-2009, 03:47 PM

Originally Posted by **Vincy-Soca-Diva**

And that I could see happening.

pose the same question to you
would you want a payroll cut if so would you save or spend it

Oneshot · 02-11-2009, 08:48 AM

Originally Posted by .

I agree i think doing this longterm would cause more problems than the recession itself

and yes that would not be good for those people living in states that tax income

Wyoming looks like a good look

. · 02-12-2009, 12:53 AM

Originally Posted by Oneshot

Wyoming looks like a good look

no even...Florida still has no state tax

Ping-Pong · 02-12-2009, 01:43 AM

Narffff

caribarts · 02-22-2009, 07:55 PM

It is great to say cut payroll taxes, but not everyone would benefit from that. If you take manufacturing plants, the bulk of the people working in them make minimum wage or little above it, and their taxes are already minimal. Tax cuts don't help people who are below or at the middle of the road with income.

ank · 02-22-2009, 08:01 PM

Originally Posted by caribarts

It is great to say cut payroll taxes, but not everyone would benefit from that. If you take manufacturing plants, the bulk of the people working in them make minimum wage or little above it, and their taxes are already minimal. Tax cuts don't help people who are below or at the middle of the road with income.

yes, the US can never do this .. .. as the top of the world.

if they could this as possible as , that would be the great work for the President

View Poll Results: ?
yes 100% cut longterm	1	14.29%
yes, but only in part or for a very short time period	6	85.71%
no not at all	0	0%
Voters: 7. You may not vote on this poll

02-09-2009, 10:39 AM	#1 (permalink)
. L O S T Join Date: Jan 2005 Location: .\|. Posts: 38,885 Credits: 43,461	Should President Obama cut payroll taxes as a means to help stimulate the economy?

02-12-2009, 01:43 AM	#13 (permalink)
Ping-Pong ... Join Date: Jan 2006 Location: East Coast Posts: 12,036 Credits: 81,007	Narffff __________________ Look at you and your fun facts.

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02-09-2009, 11:35 AM	#2 (permalink)
chinky eyes Azuuucar! Join Date: Sep 2005 Location: Here... Posts: 11,165 Credits: 57,265	Absolutely, let me bring home more of my money NOW!

02-09-2009, 11:54 AM	#3 (permalink)
Oneshot where de crix Join Date: Apr 2003 Location: UK Posts: 16,857 Credits: 24,370	short term.. all dem social programs have costs.. what would be funny though federal tax gone down and state tax gone up

02-22-2009, 07:55 PM	#14 (permalink)
caribarts Registered User Join Date: Nov 2006 Location: New York Posts: 904 Credits: 4,247	It is great to say cut payroll taxes, but not everyone would benefit from that. If you take manufacturing plants, the bulk of the people working in them make minimum wage or little above it, and their taxes are already minimal. Tax cuts don't help people who are below or at the middle of the road with income.

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