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Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!

 
Bucephelus
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02/15/2013 08:19 PM
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Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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[link to www.bloomberg.com]

Wal-Mart and discounters such as Family Dollar Stores Inc. are bracing for a rise in the payroll tax to take a bigger bite from the paychecks of shoppers already dealing with elevated unemployment. The world’s largest retailer’s struggles come after executives expected a strong start to February because of the Super Bowl, milder weather and paycheck cycles, according to the minutes of a Feb. 1 officers meeting Bloomberg obtained.

Murray’s comments about February sales follow disappointing results from January, a month that Cameron Geiger, senior vice president of Wal-Mart U.S. Replenishment, said he was relieved to see end, according to a separate internal e-mail obtained by Bloomberg News.

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Bucephelus
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02/15/2013 08:27 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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This is the canary in the fucking coal mine, my friends.


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Bucephelus
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02/15/2013 08:44 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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Canary-in-the-coalmine BUMP

canary-in-a-coal

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Bucephelus
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02/15/2013 08:47 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
It is not a new payroll tax. It is just the end of a temporary tax cut, but I bet you know that.
Bucephelus  (OP)

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02/15/2013 08:54 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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It is not a new payroll tax. It is just the
end of a temporary tax cut, but I bet you know that.

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 Quoting: Anonymous Coward 529006
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Oh dear God ...


DO YOU THINK A CONSUMER'S WALLET
CAN TELL THE FUCKING DIFFERENCE?!



Obama is dragging down the Middle Class,
despite his promises that he would not!


Obama-private-se

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Bucephelus
PitViper

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02/15/2013 08:55 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
For the people who voted for Obama, this is what they wanted. What did they think they would get?
Bucephelus  (OP)

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02/15/2013 09:00 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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For the people who voted for Obama, this is what
they wanted. What did they think they would get?

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 Quoting: PitViper
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The Walmart haters will rejoice.

But this is expected to be hitting all consumers in this
economic group. All "dollar stores" are being hit ... not
just Walmart.


More from the story:

Higher payroll taxes “go against our customers’ wallet,” Family
Dollar Chief Executive Officer Howard Levine said on a Jan. 3
conference call. “Clearly, they do not have as much for
discretionary purchases than they did.”


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Bucephelus
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02/15/2013 09:04 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
It is not a new payroll tax. It is just the end of a temporary tax cut, but I bet you know that.
 Quoting: Anonymous Coward 529006


I'm sure the pee-ons feel better about having less money in their wallets knowing that.

Oh wait. I'm one of those pee-ons, I'm still dealing with the bullshit from Artificial Storm Sandy, and I think it just fucking sucks.
Anonymous Coward
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02/15/2013 09:10 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
Good thing I opted out of Social Security. My paycheck actually went up.
Bucephelus  (OP)

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02/15/2013 09:18 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
It is not a new payroll tax. It is just the end of a temporary tax cut, but I bet you know that.
 Quoting: Anonymous Coward 529006
.

I'm sure the pee-ons feel better about having
less money in their wallets knowing that.

.
 Quoting: Anonymous Coward 33832742
.


Obama confused

Somewhere in America, Obama is scheming how else he can crash the American
economy head-long into the THIRD Recession under his watch.

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Bucephelus
Bucephelus  (OP)

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02/15/2013 09:22 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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Good thing I opted out of Social Security. My paycheck actually went up.

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 Quoting: Anonymous Coward 26679611
.


Don't worry -- Obama has other ways of getting to you.


Speeding Train


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Bucephelus
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02/15/2013 09:35 PM
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Re: Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
.

[link to www.bloomberg.com]

Wal-Mart and discounters such as Family Dollar Stores Inc. are bracing for a rise in the payroll tax to take a bigger bite from the paychecks of shoppers already dealing with elevated unemployment. The world’s largest retailer’s struggles come after executives expected a strong start to February because of the Super Bowl, milder weather and paycheck cycles, according to the minutes of a Feb. 1 officers meeting Bloomberg obtained.

Murray’s comments about February sales follow disappointing results from January, a month that Cameron Geiger, senior vice president of Wal-Mart U.S. Replenishment, said he was relieved to see end, according to a separate internal e-mail obtained by Bloomberg News.

.
 Quoting: Bucephelus





They are taking 30% of my check. : /
Fucking criminals I tell you.





GLP