Repubs hold payroll tax cut hostage again

[JimH52]

http://www.nytimes.com/2012/02/07/opinion/the-payroll-tax-fight.html?_r=1&hp

At the behest of the manufacturing lobby, for example, Republican negotiators still want to delay an environmental regulation that would require industrial boilers and incinerators to release less mercury, lead and soot. What does that have to do with the payroll tax cut? Nothing, of course; Republicans are simply trying to get Democrats to pay a price for something they want.

I guess they learning nothing last year. The WH would want nothing more than more Republican stalling against the middle class tax cut...

 

[J.E.D]

...because it worked out so well for them last time. Between the GOP House and Romney, Republicans are writing Obama's campaign commercials for him.

 

[Full-Auto]

http://www.nytimes.com/2012/02/07/opinion/the-payroll-tax-fight.html?_r=1&hp

At the behest of the manufacturing lobby, for example, Republican negotiators still want to delay an environmental regulation that would require industrial boilers and incinerators to release less mercury, lead and soot. What does that have to do with the payroll tax cut? Nothing, of course; Republicans are simply trying to get Democrats to pay a price for something they want.

I guess they learning nothing last year. The WH would want nothing more than more Republican stalling against the middle class tax cut...

damn you guys are stupid.
That tax has been ineffective and is putting a drain and strain on an empty trust fund.

 

[Stephanie]

omg, not this shit again..

 

[Seawytch]

I think the Republicans in the House are trying to put their approval rating in negative numbers.

 

[Full-Auto]

I think the Republicans in the House are trying to put their approval rating in negative numbers.

We just need another thirty trillion, then we might be able to cut something.

Got it.

 

[Avatar4321]

the GOP was the one arguing for it to be a full year instead of just two months.

You people are sick you know that?

 

[Seawytch]

I think the Republicans in the House are trying to put their approval rating in negative numbers.

We just need another thirty trillion, then we might be able to cut something.

Got it.

Let's see...Congress approval rating is at 12%...a record low. The disapproval rating of Republicans in Congress is at an all time high, 75%.

Let's play compare and contrast with the approval rating of the President. His approval rating is now hovering around 50%. Who do you think is going to come out on top if they GOP tries to play chicken with these things again?

 

[Wry Catcher]

Seawytch injects a little reality and honesty into the fray:

Let's see...Congress approval rating is at 12%...a record low. The disapproval rating of Republicans in Congress is at an all time high, 75%.

Let's play compare and contrast with the approval rating of the President. His approval rating is now hovering around 50%. Who do you think is going to come out on top if they GOP tries to play chicken with these things again?

Will we see more ideology from the HoR? Will the Congress seek pragmatic solutions and begin to do their job and represent all of the people? Will Boehner stand up to Cantor, or will the foolishness continue? Will the Tea Party v. RINO break into open warfare? Stay tuned, the best (or worst) is coming soon.

 

[konradv]

If the Republicans muck around with this again, they'll be slitting their own throats. The Obama vs Catholics issue can be fixed. What can't be fixed is the impression that the Reps want the 1% to keep as much of their money as possible, while making the middle class pick up the tab. If they have any sense at all, the extension will be passed on Monday. I'm not holding my breath, though. They're the ones with the death wish, not me.

 

[bitterlyclingin]

(Your payroll tax cut is being paid for with a tax on the homebuyer lucky enough to get a mortgage.
As a result of that tax, less people are able to afford mortgages, therefore, less people are able to buy homes, less homes are sold, less new homes are then built, resulting in less people working to build them, less people working in the industries that supply the homebuilders. But some people, like Harry Reid, say that regulations and taxes have a stimulatory effect on the economy. And some people routinely beat their farm animals to death and fully expect them to produce normally the next day.)

"Middle Class Payroll Tax Cut Extension Comes Courtesy of Mortgage Fees on Home Buyers

By Doug Powers • February 6, 2012 01:36 PM

During the clamor to pass an extension of the payroll tax cut, President Obama asked “What does $40 mean to you?”

His opponents of the way the extension was handled might now be able to counter with, “What does $9,500 mean to you?”

(CBS News) Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months. At the time, both President Barack Obama and House Speaker John Boehner lauded the move to avoid a tax increase for millions of working Americans. But there’s something the politicians weren’t bragging about – the fact that they’re paying for the two-month tax cut with what has turned into a brand new fee on home buyers.

The new fee is a minimum of one-tenth of 1 percent on Fannie Mae- and Freddie Mac-backed loans, and is likely to go much higher. It will be imposed for the next 10 years on most mortgages and refinancings and it lasts for the life of the loan. For every $200,000, it amounts to an extra $15 dollars a month.

It’s bad news for Patty Anderson, who’s buying a home in Virginia. Anderson will save a couple hundred dollars from having her payroll tax cut extended but her mortgage broker told her the new fee would cost her almost $9,500."

Michelle Malkin » Middle Class Payroll Tax Cut Extension Comes Courtesy of Mortgage Fees on Home Buyers

 

[Stephanie]

(Your payroll tax cut is being paid for with a tax on the homebuyer lucky enough to get a mortgage.
As a result of that tax, less people are able to afford mortgages, therefore, less people are able to buy homes, less homes are sold, less new homes are then built, resulting in less people working to build them, less people working in the industries that supply the homebuilders. But some people, like Harry Reid, say that regulations and taxes have a stimulatory effect on the economy. And some people routinely beat their farm animals to death and fully expect them to produce normally the next day.)

"Middle Class Payroll Tax Cut Extension Comes Courtesy of Mortgage Fees on Home Buyers

By Doug Powers • February 6, 2012 01:36 PM

During the clamor to pass an extension of the payroll tax cut, President Obama asked “What does $40 mean to you?”

His opponents of the way the extension was handled might now be able to counter with, “What does $9,500 mean to you?”

(CBS News) Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months. At the time, both President Barack Obama and House Speaker John Boehner lauded the move to avoid a tax increase for millions of working Americans. But there’s something the politicians weren’t bragging about – the fact that they’re paying for the two-month tax cut with what has turned into a brand new fee on home buyers.

The new fee is a minimum of one-tenth of 1 percent on Fannie Mae- and Freddie Mac-backed loans, and is likely to go much higher. It will be imposed for the next 10 years on most mortgages and refinancings and it lasts for the life of the loan. For every $200,000, it amounts to an extra $15 dollars a month.

It’s bad news for Patty Anderson, who’s buying a home in Virginia. Anderson will save a couple hundred dollars from having her payroll tax cut extended but her mortgage broker told her the new fee would cost her almost $9,500."

Michelle Malkin » Middle Class Payroll Tax Cut Extension Comes Courtesy of Mortgage Fees on Home Buyers

They don't care. as long as the can use it as some sort of argument for a win for the Obama