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Welcome to the Fiscal Cliff. Just received this notice from payroll dept...

 
Desert FoxModerator
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United States
12/05/2012 11:45 PM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
i'm sure all the poor fools who voted O will love the way prices rise.

AK Dawn in ghettos all over America, not just Detroit.
 Quoting: Mr. Toppit


Watching the sheep realize they have been slaughtered....PRICELESS.

dasheep
 Quoting: Burt Gummer


This is one of my desires, to live long enough to see these idiots suffer their choice.
TOMABANEFOX
Bolshevik J
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12/05/2012 11:46 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
The competence "cliff" of elected officials and spending less might be a clue.

"fiscal cliff" is psyop buzz nonsense.

It's been 4 years of Baboon.
Nine's

User ID: 23438707
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12/05/2012 11:49 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
The sad part is how people think their taxes are not going up. They are going up for EVERYONE you morans.
 Quoting: Anonymous Coward 26646277


Yep.
The sheep are about to realize they have been slaughtered by there own stupidity and ignorance.

useful
 Quoting: Burt Gummer


I sat down w/ my acct. and things look good for me friend. Lots o deductions, no ss (teacher), and it's going to be better than last year. At least for moi.
 Quoting: Anonymous Coward 28105140


Which PERS are you under? OPERS recently got a packet explaining the "shared sacrifices" that would have to be made.
Burt Gummer

User ID: 7702124
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12/05/2012 11:56 PM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
i'm sure all the poor fools who voted O will love the way prices rise.

AK Dawn in ghettos all over America, not just Detroit.
 Quoting: Mr. Toppit


Watching the sheep realize they have been slaughtered....PRICELESS.

dasheep
 Quoting: Burt Gummer


This is one of my desires, to live long enough to see these idiots suffer their choice.
 Quoting: Desert Fox


I too take solace in the fact we will see the idiots suffer from putting a hole in their own ship.

popcorn smiley


hordeo opship

Last Edited by Useless Cookie Eater on 12/05/2012 11:57 PM
krosty

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12/06/2012 12:04 AM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
It's about time people making fucking $300,000 a year are forced to pay for leaching off all of us who do the work for you! Seriously. We're breaking our backs for $14,000k part-time while you sit in lush offices playing with numbers so they will make you even more money. Fuck, I hope they raise the tax to 60% on you people and they shouldn't even be taxing people who make less than 20k
krosty

User ID: 15571780
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12/06/2012 12:04 AM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
It's about time people making fucking $300,000 a year are forced to pay for leaching off all of us who do the work for you! Seriously. We're breaking our backs for $14,000 part-time while you sit in lush offices playing with numbers so they will make you even more money. Fuck, I hope they raise the tax to 60% on you people and they shouldn't even be taxing people who make less than 20k
 Quoting: krosty
Burt Gummer

User ID: 7702124
United States
12/06/2012 12:08 AM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
It's about time people making fucking $300,000 a year are forced to pay for leaching off all of us who do the work for you! Seriously. We're breaking our backs for $14,000k part-time while you sit in lush offices playing with numbers so they will make you even more money. Fuck, I hope they raise the tax to 60% on you people and they shouldn't even be taxing people who make less than 20k
 Quoting: krosty


So what if that guy with the business making 300K....that employs you by the way.....just fires your silly ass.

Problem solved.

kewlman
krosty

User ID: 15571780
United States
12/06/2012 12:12 AM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
It's about time people making fucking $300,000 a year are forced to pay for leaching off all of us who do the work for you! Seriously. We're breaking our backs for $14,000k part-time while you sit in lush offices playing with numbers so they will make you even more money. Fuck, I hope they raise the tax to 60% on you people and they shouldn't even be taxing people who make less than 20k
 Quoting: krosty


So what if that guy with the business making 300K....that employs you by the way.....just fires your silly ass.

Problem solved.

kewlman
 Quoting: Burt Gummer


I'd tell him to fuck off and he still wouldn't be able to fire me! In fact, I'd file grievances on him for even mentioning me being fired.rockon
Anonymous Coward
User ID: 28668328
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12/06/2012 12:19 AM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
Sorry I just get so tired of greedy, materialistic people. maybe not you, but many, many in the country and most of them are on the right side, as is this forum.
 Quoting: Anonymous Coward 21989454


The worst, most greedy fuckers are known as "limousine liberals" or "champagne socialists." One of them is the POS in the White House or all the Hollyweirdos who kiss his butt.
Anonymous Coward
User ID: 1117141
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12/06/2012 01:21 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
Just STOP. STOP participating in the scam. Claim ten dependents and in essence tell them to go fuck themselves. EVERYBODY just stop.
 Quoting: DFDoe


Think we can get away with this?
 Quoting: Renegade (Me too)


Until the IRS shows up at your door with shotguns.
 Quoting: black calx


If that's all they're packing, I'm better armed. They won't get within shotgun range of me.
Anonymous Coward
User ID: 29216021
United States
12/06/2012 01:46 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
there is over 1,000 pages in oboma care
here is another tax
own a house?
sell it and get a 3.5% tax for oboma care
might only be 3%! isn't that special!
Anonymous Coward
User ID: 29190459
Germany
12/06/2012 01:58 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
As a Baby Boomer, may I also say that if the grand plan is to disparage us to our children and kill us off early after we've worked our whole life to be able to retire comfortably, then I'll be taking whatever I have left and enjoying early retirement, and all the freeloaders, entitled offspring of hard working Americans, and enablers of these crazy ideas and lifestyles can stick it where the sun don't shine. Have fun supporting your socialist and communist crap without the Baby Boomers!
 Quoting: Anonymous Coward 1487806


Anonymous Coward
User ID: 29190459
Germany
12/06/2012 02:04 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
Luckily these changes won't affect any Obama voters...
 Quoting: BRIEF


They will get in increase in their welfare.
 Quoting: Anonymous Coward 26646277


Detroit gets a bailout?

Santa Claus Wins
Detroit Councilwoman's Actual Rant We Voted for You, Obama, Now Give Us Some of That Gov't 'Bacon'

Renegade (Me too)

User ID: 2219387
United States
12/06/2012 02:30 PM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
I run a national payroll opreration - this is all true. All of my tax tables are set to result to these rates.

Also if congress acts sometime in January to extend the cuts - and retros the effective back to 01/01/2013, very few payroll systems will be able to refund the federal tax overwithheld. Fica will be reimbursed, but most companies will tell employees they'll get the overpayment of federal tax back when they file thier taxes in Jan 2014.

Many people are going to be shocked when they get thier first check in 2013.
 Quoting: Pamelaantoinette


So, I took a good hard look at these brackets. If I make $5000 more by teaching an extra class or two, I will be bumped into the next tax bracket. Then I will owe $7000 to IRS. A net of -$2000. So, I will owe $2000 to work more.

Not going to do it!

Who is John Galt?
Who is John Galt?
Renegade (Me too)

User ID: 2219387
United States
12/06/2012 02:45 PM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
Important changes to your tax withholding amounts effective January 1, 2013

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that was signed into law in December 2010 will expire on December 31, 2012. What this means to you:

· The temporary 2% cut in employee Social Security withholding (from 6.2% to 4.2%) effective on January 1, 2011, will expire, and the rate will change back to 6.2%.

· The Social Security wage base is increasing from $110,100 to $113,700, resulting in the maximum tax being increased from $4,624.20 to $7,049.40.

· In addition, the Patient Protection Affordable Care Act of 2010 increases the Medicare part A payroll tax by 0.9% (from 1.45% to 2.35%) for all income above $200,000.
Other possible changes effective January 1, 2013:

Tax-related provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) also are set to expire on December 31, 2012 impacting Federal Income Tax withholding. What this means:

· The 10% income tax bracket is eliminated; the lowest bracket will be 15%. The top four brackets will change as shown below. To:

25% to 28%
28% to 31%
33% to 36%
35% to 39.6%

· Optional flat rate tax on Supplemental Wages up to $1 million in a year increases from 25% to 28%.

· Mandatory flat rate on Supplemental Wages over $1 million in a year increases from 35% to 39.6%.

The information above reflects the legislation currently in effect. If the laws change, we will send an update as early as possible in January 2013.
 Quoting: Anonymous Coward 25720208


OK, I know I'm not an American, but the wages they are giving as examples here are so far above what we make together as a couple, never mind alone, that I struggle to comprehend. $100,000.00 and $113,000.00 for wages... Dam, sign me up! I'd need a telescope to see those wages, based on where I am.
Can someone clarify, if this truly is considered a "base" wage, because I can assure you, that is considered a VERY high wage here.
 Quoting: my2centsworth


No that's not base salary, it's wage base, totally different thing, it's the upper limit subject to the social security tax multiplier.

[link to www.ssa.gov]

<<<Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) program limits the amount of earnings subject to taxation for a given year. The same annual limit also applies when those earnings are used in a benefit computation. This limit changes each year with changes in the national average wage index. We call this annual limit the contribution and benefit base. For earnings in 2013, this base is $113,700.

The OASDI tax rate for wages paid in 2013 is set by statute at 6.2 percent for employees and employers, each. Thus, an individual with wages equal to or larger than $113,700 would contribute $7,049.40 to the OASDI program in 2013, and his or her employer would contribute the same amount. The OASDI tax rate for self-employment income in 2013 is 12.4 percent.>>>
 Quoting: Anonymous Coward 27352798


trans_sign
Who is John Galt?
Anonymous Coward
User ID: 29190459
Germany
12/06/2012 02:56 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
A VAT or "Fair" Tax would Finish Off America's Middle Class

[link to chasvoice.blogspot.de]

"But how about a tax that remains totally hidden, that the consumer or average American cannot identify and pinpoint as the object of his wrath? It was this deliciously hidden quality that brought forth the rapt attention of the Nixon administration, the "Value Added Tax" (VAT)."

"The VAT is essentially a national sales tax, levied in proportion to the goods and services produced and sold. But its delightful concealment comes from the fact that the VAT is levied at each step of the way in the production process: on farmer, manufacturer, jobber and wholesaler, and only slightly on the retailer.

The difference is that when a consumer pays a 7 percent sales tax on every purchase, his indignation rises and he points the finger of resentment at the politicians in charge of government; but if the 7 percent tax is hidden and paid by every firm rather than just at retail, the inevitably higher prices will be charged, not to the government where it belongs, but to grasping businessmen and avaricious trade unions."
Carshy McCarsh

User ID: 1483527
Germany
12/06/2012 05:46 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
I run a national payroll opreration - this is all true. All of my tax tables are set to result to these rates.

Also if congress acts sometime in January to extend the cuts - and retros the effective back to 01/01/2013, very few payroll systems will be able to refund the federal tax overwithheld. Fica will be reimbursed, but most companies will tell employees they'll get the overpayment of federal tax back when they file thier taxes in Jan 2014.

Many people are going to be shocked when they get thier first check in 2013.
 Quoting: Pamelaantoinette


Good.

Maybe they'll use their few remaining dollars to buy ammo.
 Quoting: Carshy McCarsh


I bought more ohyeah
 Quoting: Pamelaantoinette


cheers
Tell me what this tastes like...
Anonymous Coward (OP)
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United States
12/06/2012 06:44 PM
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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
bump
goldielucks

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12/06/2012 10:00 PM

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Re: Welcome to the Fiscal Cliff. Just received this notice from payroll dept...
bump
"Democracy is nothing more than mob rule, where 51% of the people may take away the rights of the other 49%." ~ Thomas Jefferson

Mrs. Powel of Philadelphia asked Benjamin Franklin, “Well, Doctor, what have we got—a Republic or a Monarchy?”
With no hesitation, Franklin replied, “A republic, if you can keep it.”

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