Schumer and Hatch propose a bi-partisan SS Payroll Tax break for new hires in 2010

Discussion in 'Current Events' started by Paulie, Jan 26, 2010.

  1. Paulie
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    Paulie Platinum Member

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    Schumer, Hatch Propose Payroll Tax Break - Political Hotsheet - CBS News

    I'd prefer to see more cut than just that, but it's a start.

    Thoughts?
     
  2. jillian
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    jillian Princess Supporting Member

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    I think it's a great suggestion. But you really can't cut taxes during wartime. That's one of the ways we got into this mess in the first place.
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Nothing in it for the employer.

    If the idea goes anywhere, it won't help much.
     
  4. WillowTree
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    WillowTree Diamond Member

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    Brilliant.. SS is going broke! and they are speeding up the process! Brilliant. :lol::lol::lol::lol:
     
  5. manu1959
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    manu1959 Left Coast Isolationist

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    yes and no....i don't have to pay my share of the ss on the emplotyees behalf but i do have to pay local employee taxes their salary and the healthcare....

    and with nothing for them to actually do it seems rather pointless to hire some to save a couple of bucks and spend hundreds ..... with no roi.....
     
  6. WillowTree
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    WillowTree Diamond Member

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    and then when it comes time for said employee to collect his SS which he didn't pay into,, well, you know that old "up the creek without the proverbial paddle" :eusa_eh:
     
  7. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    Why can't I get the tax cut too? Thats bullshit I hate taxes and have been paying more of them than the unemployed people. All or nothing.

    Actually it could be Unconstitutional now that I think about it. Taxes, Duties, Imposts, and Excises are supposed to be uniform throught the states. Lower all our income tax by 1%...and not our withholding our actual federal income tax rate!!!
     
    Last edited: Jan 26, 2010
  8. Oddball
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    Oddball BANNED Supporting Member

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    I wouldn't bet that the bill lets the employer off the hook for the other half (which the employee really pays anyways, but that's another thread).

    Exactly what I was getting at.
     
  9. Paulie
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    Paulie Platinum Member

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    I don't think it will add as many jobs as they're saying, but it will add the ones that companies would LIKE to add but are forgoing because of the expense.

    If you really need someone but are doing without, at least you're getting a little break with this.

    I think it would be good for startups who have no other choice BUT to hire someone. That might be me in a couple months, actually, if things go according to plan.
     
  10. manu1959
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    manu1959 Left Coast Isolationist

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    hiring is risk....even if people were free as in the government picks up their salary....i have nothing for them to do....
     
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