Weekly Address: Extending and Expanding the Payroll Tax Cut

[cal04]

Run time: 02:29 https://www.youtube.com/watch?v=y3D-TaSp6Gw   Posted on YouTube: December 03, 2011 By YouTube Member: whitehouse Views on YouTube: 301   Posted on DU: December 03, 2011 By DU Member: cal04 Views on DU: 1017

 
WEEKLY ADDRESS: Extending and Expanding the Payroll Tax Cut

In this week’s address, President Obama told the American people that although the United States has created private sector jobs for the past 21 months in a row, that is not enough for struggling Americans. We must continue growing the economy by passing the payroll tax cut, which will give the middle class a tax cut of $1,500 and provide small businesses more money to hire workers by cutting their payroll taxes in half. The President urges all Americans to tell Congress not to raise taxes during the holidays and act in the best interests of middle class families and pass the tax cuts now.

http://www.whitehouse.gov/the-press-office/2011/12/03/weekly-address-extending-and-expanding-payroll-tax-cut

[RC]

1. How is this not a Republican (Norquist) action?

Payroll tax cuts are not a good idea. All they do is move the discomfort from now to somewhere in the future, where you will need the money worse.
This is another Republican type slight of hand. Don't fall for it.

[joeybee12]

2. Exactly...this whole idea sucks...either Obama isn't smart enough to

understand what this really entails, or he really does believe Repukes have the right idea.

[hulka38]

3. Doesn't this undermine social security?