The restoration of the two per cent of the payroll tax on employees has brought on complaints of a tax increase as many forget that lowering the rate was temporary. I was not in favor of this at the time because it was in reality borrowing from the social security trust fund. That does not mean that I am for higher taxes. Far from it; I am for eliminating fraud and cutting spending.
I've seen where there are complaints about the increase in medicare costs; something social security recipients saw on their first check of 2013.
Tax increases are coming; Obama and Democratic leaders are talking about a trillion dollar tax in addition to those wrapped up in Obamacare. Those taxes, such as one on medical equipment, will be passed on to the patient.
Our federal government borrows 40 cents of every dollar it spends. Common sense tells us this cannot be continued, but higher taxes will injure the sick economy and cost jobs. Regardless, we are going to be paying more in taxes; count on it, which results in less take-home money. Now, have a happy new year.
I've seen where there are complaints about the increase in medicare costs; something social security recipients saw on their first check of 2013.
Tax increases are coming; Obama and Democratic leaders are talking about a trillion dollar tax in addition to those wrapped up in Obamacare. Those taxes, such as one on medical equipment, will be passed on to the patient.
Our federal government borrows 40 cents of every dollar it spends. Common sense tells us this cannot be continued, but higher taxes will injure the sick economy and cost jobs. Regardless, we are going to be paying more in taxes; count on it, which results in less take-home money. Now, have a happy new year.
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