GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Wow, not one thread on the 47% increase in Payroll Social Security Tax

RKLover · 01-08-2013, 07:31 PM

There are three kinds of lies. Lies, damn lies and statistics. GFY

The 2% Payroll Tax Holiday was not extended. The rate went from 4.2% back to 6.2%

The Dividend Tax rate was increased from 15% to 20%. There was a time (before Bush) when that was taxed as ordinary income. We can call that a 33% increase in taxes for the sake of sensationalism, but it's still only a 5% recovery against cuts that had no positive effect for the majority of Americans.

01-08-2013, 07:31 PM
RKLover A B User Industry Role: Join Date: Dec 2007 Posts: 256	There are three kinds of lies. Lies, damn lies and statistics. GFY The 2% Payroll Tax Holiday was not extended. The rate went from 4.2% back to 6.2% The Dividend Tax rate was increased from 15% to 20%. There was a time (before Bush) when that was taxed as ordinary income. We can call that a 33% increase in taxes for the sake of sensationalism, but it's still only a 5% recovery against cuts that had no positive effect for the majority of Americans. __________________ There is no excuse for ignorance, yet it still remains a powerful force.