Comments on: Obama Proposes Tax Cuts: What’s In It For You?

By: Democrats Offer Up Version of Tax Bill | taxgirl

Democrats Offer Up Version of Tax Bill | taxgirl — Sun, 18 Jan 2009 01:18:15 +0000

[...] in tax break. Half of the breaks will go to a new tax credit for working families. The credit, as previously blogged, would be taken out of payroll taxes and would not be a separate rebate check. The credit would be [...]

By: Vote on Stimulus Package Set for After the Inauguration

Vote on Stimulus Package Set for After the Inauguration — Fri, 09 Jan 2009 16:57:51 +0000

[...] have been met with criticism on both sides of the aisle. What’s being critiqued the most? The tax proposals. And interestingly, though I’ve heard quite a number of Congressional officials speak up [...]

By: Kelly

Kelly — Fri, 09 Jan 2009 14:32:29 +0000

Jason,
I’d go ahead and file. I’m sure any cuts will have a retroactive component.

By: jason

jason — Fri, 09 Jan 2009 13:55:20 +0000

How about those in their twenties who are paying into social security for your retirements. But I do agree with ron and sam as well on the part of social security only, its a government benefit and as such shouldn’t be taxed via the government. How about we chat up the hugh pension federal senators and reps get after so many years?

By: SAM

SAM — Fri, 09 Jan 2009 05:06:06 +0000

RON IS CORRECT. IT’S TIME TO STOP TAXING PEOPLE ON SOCIAL SECURITY. THEY WORKED AND PAID ALL THEIR LIVES AND NOW THEY ARE TAXED AGAIN

By: jason

jason — Thu, 08 Jan 2009 18:21:39 +0000

ron if everybody did that there wouldnt be an economy. It’s those people who spend that support the economy. And those who are so well off should be the ones spending and not leaving it for the poor and lower middle class.

By: jason

jason — Thu, 08 Jan 2009 17:27:09 +0000

I could use my tax rebate now. Should I wait to hear about the tax cut? or should I just file now?

By: ron

ron — Thu, 08 Jan 2009 15:50:05 +0000

WHAT ABOUT THE PEOPLE WHO SAVED AND LIVED WITHIN THEIR MEANS? tHEY ARE BEING TAXED BEYOND BELIEF ON RETIREMENT INCOME,(SAVINGS , social security and pension). THEY ARE BEING TAXED TO GIVE TO THOSE WHO SPENT, VACATIONED, AND LIVED THE HIGH LIFE.

By: Kelly

Kelly — Thu, 08 Jan 2009 14:15:28 +0000

GT,
It’s my understanding that the proposed cuts will only benefit employed persons. But since this is still in the early stages of planning, the details are not 100% clear.

By: Kelly

Kelly — Thu, 08 Jan 2009 14:14:24 +0000

Colin,
Here’s hoping there are some… Though I’m not terribly optimistic. He’s been left with a pretty awful hand of cards. Medicare and jobless payments, up. Infrastructure needs, up. States are begging for money. Industry is begging for money. Not sure where spending cuts will come from though agree they need to be made.