OT-Taxpayer Bailout
azotic
owe taxes-across the board. For example, in 2009 the withholding tax
threshold began at weekly single wage levels of $138. In 2010, that same
wage is lowered to $116. In short, instead of the taxable wage starting at
$138, it is now down to $116-which changes the income threshold and taxes
even poorer Americans.
Why would the Democrats create more wage categories and deliberately target
the middle class with a huge withholding increase and 30% tax rate? Are the
Democrats trying to backfill the deficits they created in 2009? Because
taxpayers will have overpaid the federal government payroll taxes, will they
be eligible to get back this additional withholding money in a tax refund
when filing in 2011? Do taxpayers in the hardest-hit wage categories even
realize that their paychecks are going to be significantly lower, unless
they make the necessary changes?
http://biggovernment.com/2010/01/06/dems-tinker-with-withholding-tax-tables-for-2010/
What a great idea, reduce disposable income for poor americans. Now that
what i call a stimulas package....
Best Regards
Tom.
cavelamb
In my humble opinion, Tom, it's because they aren't Democrats any more.
And the republicans aren't republicans either.
They have both become "the party in power" (when in power) and would
more accurately be called _federalists_.
For what ever it might be worth...
--
Richard Lamb
http://www.home.earthlink.net/~cavelamb/
"The clock of life is wound but once, and no man has the power
to tell just when the hands will stop, at late or early hour...
Now is the only time you own. Live, love, toil with a will.
Place no faith in time. For the clock may soon be still."
F. George McDuffee
wrote:
>What a great idea, reduce disposable income for poor americans. Now that
>what i call a stimulas package....
========
But to do what?
Unka George (George McDuffee)
..............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).
Buerste
"azotic" <azo...@cox.net> wrote in message
news:zQR2n.5148$%P5....@newsfe21.iad...
The Democrat government knows how and where to spend our money better than
we do. Who are we to question?
Ed Huntress
'Looks bogus, on two counts. First, the author of that piece says to "go to
page 39" for the 2010 figures, but there are only 8 pages to the document.
Somebody isn't very sharp.
And the lack of sharpness is apparent when you notice she's not really
comparing the same documents. In the case of 2009, she's looking at the
actual figures. In 2010, she's looking at the preliminaries -- the "early
release."
If you compare the 2010 preliminaries, which she links to, with the 2009
prelims issued at the same time the previous year, you see that the
withholding actually is going DOWN from the earlier prelims.
In other words, it looks like she's comparing apples and oranges. To see the
2009 prelims, which can be compared to the 2010 prelims, go here:
http://www.apawny.org/files/apa17/filesystem/08n1036_final2008.pdf
--
Ed Huntress
Larry Jaques
<azo...@cox.net> scrawled the following:
Jayzuss! Look at the fookin' letter he sent with it. That's not just
spin, it's blatant lying. Cutting our throats while CONgress gives
themselves two raises this recessionary year? Well, keep your head
down from now on. I'm sure there will be heavy metallic objects flying
around real soon now.
--
What helps luck is a habit of watching for opportunities, of
having a patient, but restless mind, of sacrificing one's
ease or vanity, of uniting a love of detail to foresight, and
of passing through hard times bravely and cheerfully.
-- Charles Victor Cherbuliez
Larry Jaques
<gmcd...@mcduffee-associates.us> scrawled the following:
>On Mon, 11 Jan 2010 19:16:44 -0800, "azotic" <azo...@cox.net>
>wrote:
>
>>What a great idea, reduce disposable income for poor americans. Now that
>>what i call a stimulas package....
>========
>But to do what?
The killing of the COLA saved the gov't money they can waste
elsewhere. The additional taxes will be wasted elsewhere, too.
Does anyone else see a trend here?
Michael A. Terrell
They've already told Disabled Veterans that they won't get a COLA
this year.
--
Greed is the root of all eBay.
Ed Huntress
"Michael A. Terrell" <mike.t...@earthlink.net> wrote in message
news:2IqdneLiyq3zTNDW...@earthlink.com...
" There will be no adjustment in cost of living allowance for disability
compensation and pension benefits: As a result of negative inflation and the
consumer price index going down over the past year, the Social Security
Administration has announced there will be no COLA this year for Social
Security recipients. Under federal law, the Veteran's Administration COLAs
cannot exceed the Social Security COLAs. Therefore, VA is barred from making
a COLA increase for recipients of its benefits."
That's why there is no COLA. If they did give a COLA, payments would go
*down*, not up.
However, veterans will make out better this year than last in several ways,
including this:
"VA will distribute insurance dividends: Approximately 900,000 veterans are
in line to share $286.4 million in annual insurance dividends during 2010.
VA operates one of the nation's largest life insurance programs, providing
more than $1 trillion in coverage to seven million service members, veterans
and family members. These payments will be made to insurance policy holders
on the anniversary date of their policies. Payments will be sent
automatically through different payment plans and the amounts will vary
based on the age of the veteran, the type of insurance and the length of
time the policy has been in place."
--
Ed Huntress
Buerste
"Michael A. Terrell" <mike.t...@earthlink.net> wrote in message
news:2IqdneLiyq3zTNDW...@earthlink.com...
>
Well, you fuckers keep fighting the wrong enemies! So, instead of fighting
some foreign government, US armed forces need to fight the DOMESTIC enemies
of the citizens...libtards! THEN we'll talk about the foreign enemies that
need elimination.
Michael A. Terrell
Buerste wrote:
>
> Well, you fuckers keep fighting the wrong enemies! So, instead of fighting
> some foreign government, US armed forces need to fight the DOMESTIC enemies
> of the citizens...libtards! THEN we'll talk about the foreign enemies that
> need elimination.
VA Statement about 2010 Benefits and Programs
WASHINGTON � The Department of Veterans Affairs (VA) wants to inform
Veterans and other beneficiaries of the following changes that will take
effect in 2010:
� VA will Freeze Increase in Prescription Copayments: Any
increase in Veterans out-of-pocket payments for pharmaceuticals will be
delayed until June 30, 2010. This means the department will delay a
scheduled $1 increase � to $9 � in the copayments facing Veterans for
each 30-day supply of medicine for the treatment of conditions not
related to military service. During this period, VA will also keep $960
as the maximum, annual out-of-pocket payments for pharmaceuticals for
non-service-related conditions. The $960 cap will not apply to Veterans
in priority groups seven and eight. The yearly maximum out-of-pocket
payment was scheduled to increase to $1,080. There are no copayments
associated with the treatment of conditions related to military service.
� VA will Distribute Insurance Dividends: Approximately 900,000
Veterans are in line to share $286.4 million in annual insurance
dividends during 2010. VA operates one of the nation�s largest life
insurance programs, providing more than $1 Trillion in coverage to seven
million servicemembers, Veterans, and family members. These payments
will be made to insurance policy holders on the anniversary date of
their policies. Payments will be sent automatically through different
payment plans and the amounts will vary based on the age of the Veteran,
the type of insurance, and the length of time the policy has been in
place. Consistent with private mutual insurance company practice, the VA
is returning a portion of premium payments back to policyholders because
the agency had strong financial results.
Veterans who have questions about their policies may contact the VA
insurance toll-free number at 1-800-669-8477 send an email to
VAins...@va.gov. They may also visit the Internet at
www.insurance.va.gov.
� No Adjustment in COLA for Disability Compensation + Pension
Benefits:
As a result of negative inflation and the consumer price index going
down over the past year the Social Security Administration has announced
there will be no COLA this year for Social Security recipients. Under
federal law VA�s COLAs cannot exceed the Social Security COLAs.
Therefore, VA is barred from making a COLA increase for recipients of
its benefits.
VA provides compensation and pension benefits to over 3.8 million
Veterans and other beneficiaries. Presently, the basic monthly rate of
compensation paid to Veterans ranges from $123 to $2,673. Annual income
limits for disability pension begin at $11,830 for a Veteran without
dependents and increase for Veterans who have dependents, who are
housebound, or who need regular aid and attendance.
(That works out to $985.833333... per month for single Vets. IOW, We
are allowed to make 83 cents a month without losing our pensions.)
Veterans who have questions about their benefits may contact the VA�s
financial benefits toll-free number at 1-800-827-1000 or go to
www.vba.va.gov/VBA.
azotic
>
>
> As a result of negative inflation and the consumer price index going
> down over the past year the Social Security Administration has announced
> there will be no COLA this year for Social Security recipients.
They havent been at the gas station this week.................
Best Regards
Tom.
Michael A. Terrell
They don't have to go. their limos are filled at federal pumps. :(