# Everyone enjoying their tax hikes?

**URL:** <https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914>\
**Category:** Shift518 Off Topic\
**Created:** [January 3, 2013, 2:09pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914 "2013-01-03T14:09:57Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![GenPatton](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/genpatton/32/6760_2.png) [@GenPatton](https://forums.speedlife.net/u/GenPatton)\
**Post date:** [January 3, 2013, 2:09pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/1 "2013-01-03T14:09:57Z")

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discuss

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**Author:** ![wheels](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wheels/32/6655_2.png) [@wheels](https://forums.speedlife.net/u/wheels)\
**Post date:** [January 3, 2013, 4:01pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/2 "2013-01-03T16:01:50Z")

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FWIW The employee portion of the Social Security tax was lowered from 6.2% to 4.2% in 2011, all the tax “hike” is, is the expiration of the tax “cut” of 2% bringing it back to the normal level. Employers have been paying the whole 6.2% all along.

In the past two years the tax cut has _saved_ you $3,120 if you averaged $84,000/year.

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**Author:** ![Hang\_Your\_Cross](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hang_your_cross/32/6381_2.png) [@Hang\_Your\_Cross](https://forums.speedlife.net/u/Hang_Your_Cross)\
**Post date:** [January 3, 2013, 4:16pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/3 "2013-01-03T16:16:57Z")

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or saved you around that much if you made $102,000 or $10,000,000.

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**Author:** ![JSEnclosures](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jsenclosures/32/6678_2.png) [@JSEnclosures](https://forums.speedlife.net/u/JSEnclosures)\
**Post date:** [January 3, 2013, 4:18pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/4 "2013-01-03T16:18:50Z")

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I’m gonna miss my 3120 that’s for sure. Bush era tax cuts should have been kept in place until the economy improves

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**Author:** ![wheels](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wheels/32/6655_2.png) [@wheels](https://forums.speedlife.net/u/wheels)\
**Post date:** [January 3, 2013, 5:09pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/5 "2013-01-03T17:09:29Z")

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> [@I need a new bank](https://forums.speedlife.net/t/i-need-a-new-bank/51385/2):
>
> or saved you around that much if you made $102,000 or $10,000,000.

Not exactly, its was 4.2% of your wages up to the taxable wage base

2011 wage base was $106,800 for a max. tax of $4,485.60  
2012 wage base was $110,100 for a max. tax of $4,624.20

If you make less that the wage base you are taxed less than the max, if you made more you were taxed the max

I only used 84,00/yr because that’s what you make if 140/month is 2% of your salary

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**Author:** ![Hang\_Your\_Cross](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hang_your_cross/32/6381_2.png) [@Hang\_Your\_Cross](https://forums.speedlife.net/u/Hang_Your_Cross)\
**Post date:** [January 3, 2013, 5:15pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/6 "2013-01-03T17:15:44Z")

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i didn’t feel like doing the math, or looking up the exact numbers. but, a person who makes $110,100 pays the same as someone making $10,000,000.

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**Author:** ![wheels](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wheels/32/6655_2.png) [@wheels](https://forums.speedlife.net/u/wheels)\
**Post date:** [January 3, 2013, 5:19pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/7 "2013-01-03T17:19:50Z")

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> [@Vegetable stands. Where are they?](https://forums.speedlife.net/t/vegetable-stands-where-are-they/51324/58):
>
> i didn’t feel like doing the math, or looking up the exact numbers. but, a person who makes $110,100 pays the same as someone making $10,000,000.

Yup. There is a maximum you can draw from SS too, that’s why there is a max deduction. But I do think the wealthy need to pay more of a % of their earnings than they do now

If you own a business you pay the employee and employers hare pretty much as well. Could be 12.4% of your earnings if you make enough in your paycheck

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**Author:** ![TracEy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tracey/32/6561_2.png) [@TracEy](https://forums.speedlife.net/u/TracEy)\
**Post date:** [January 3, 2013, 7:07pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/8 "2013-01-03T19:07:44Z")

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> [@NYSpeed / OSYN Track Days 2008 \[Next Day: Sept 13th\] \*NEW: Track Timing System!\*](https://forums.speedlife.net/t/nyspeed-osyn-track-days-2008-next-day-sept-13th-new-track-timing-system/44963/334):
>
> FWIW The employee portion of the Social Security tax was lowered from 6.2% to 4.2% in 2011, all the tax “hike” is, is the expiration of the tax “cut” of 2% bringing it back to the normal level. Employers have been paying the whole 6.2% all along.
> 
> In the past two years the tax cut has _saved_ you $3,120 if you averaged $84,000/year.

Exactly, to be honest, I’m surprised it lasted 2 years!!!

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**Author:** ![KillerBlackbird](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/killerblackbird/32/6525_2.png) [@KillerBlackbird](https://forums.speedlife.net/u/KillerBlackbird)\
**Post date:** [January 3, 2013, 8:28pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/9 "2013-01-03T20:28:19Z")

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It’s going to be a rough 4 years.

I guess the Mayans were right, a lot changed since the 21st.

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**Author:** ![sbardy](https://avatars.discourse-cdn.com/v4/letter/s/8edcca/32.png) [@sbardy](https://forums.speedlife.net/u/sbardy)\
**Post date:** [January 3, 2013, 8:31pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/10 "2013-01-03T20:31:51Z")

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Take money away from people who work.

Give a cell phone with 250 minutes and 250 texts a month to people who don’t.

Sounds right.

I need to get me a Obama phone.

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**Author:** ![Vovchandr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/vovchandr/32/6275_2.png) [@Vovchandr](https://forums.speedlife.net/u/Vovchandr)\
**Post date:** [January 3, 2013, 9:25pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/11 "2013-01-03T21:25:37Z")

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Damn Obama introducing the bill in 1984 through Reagan. Then later through Clinton and finally through Bush.

Clever fuck.

> **[Free 'ObamaPhones' for Welfare Recipients](https://www.snopes.com/fact-check/phone-home/)**
>
> An Obama administration program provides free cell phones and cellular service to welfare recipients?

:ponder

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**Author:** ![RocketPunch](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rocketpunch/32/6429_2.png) [@RocketPunch](https://forums.speedlife.net/u/RocketPunch)\
**Post date:** [January 3, 2013, 9:35pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/12 "2013-01-03T21:35:15Z")

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Did not realize there are so members here that makes 400k+ a year…:rofl

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**Author:** ![sbardy](https://avatars.discourse-cdn.com/v4/letter/s/8edcca/32.png) [@sbardy](https://forums.speedlife.net/u/sbardy)\
**Post date:** [January 3, 2013, 10:16pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/13 "2013-01-03T22:16:04Z")

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> [@Vovchandr"](#):
>
> Damn Obama introducing the bill in 1984 through Reagan. Then later through Clinton and finally through Bush.
> 
> Clever fuck.
> 
> [ObamaPhones | Snopes.com](http://www.snopes.com/politics/taxes/cellphone.asp)
> 
> :ponder

Arguing politics with a Russian, I think ill pass.

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**Author:** ![Vovchandr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/vovchandr/32/6275_2.png) [@Vovchandr](https://forums.speedlife.net/u/Vovchandr)\
**Post date:** [January 3, 2013, 11:28pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/14 "2013-01-03T23:28:47Z")

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> [@LG Dare??](https://forums.speedlife.net/t/lg-dare/50910/56):
>
> Saying stupid shit contrary to reality, I’m game

FIFY.

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**Author:** ![Hang\_Your\_Cross](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hang_your_cross/32/6381_2.png) [@Hang\_Your\_Cross](https://forums.speedlife.net/u/Hang_Your_Cross)\
**Post date:** [January 4, 2013, 3:34am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/15 "2013-01-04T03:34:46Z")

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> [@july 12th import car show Rochester NY](https://forums.speedlife.net/t/july-12th-import-car-show-rochester-ny/49905/29):
>
> Did not realize there are so members here that makes 400k+ a year…:rofl

exactly why i find it funny how fox news tells the middle/lower middle class to be outraged, when they are making like $40k/year.

Also, this is not really a tax, more like a forced retirement, since you will be getting money back in the end.

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**Author:** ![JSEnclosures](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jsenclosures/32/6678_2.png) [@JSEnclosures](https://forums.speedlife.net/u/JSEnclosures)\
**Post date:** [January 4, 2013, 4:10am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/16 "2013-01-04T04:10:00Z")

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Getting money back in the end? I hope you have a better retirement plan for yourself then ss, I wouldn’t count on it in another 40 years

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**Author:** ![sbardy](https://avatars.discourse-cdn.com/v4/letter/s/8edcca/32.png) [@sbardy](https://forums.speedlife.net/u/sbardy)\
**Post date:** [January 4, 2013, 5:25am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/17 "2013-01-04T05:25:05Z")

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> [@RedSSNA \> 328ci](https://forums.speedlife.net/t/redssna-328ci/51389/2):
>
> FIFY.

Obama supporters will be blaming shit on Abraham Lincoln next year…

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**Author:** ![ds50r](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ds50r/32/3491_2.png) [@ds50r](https://forums.speedlife.net/u/ds50r)\
**Post date:** [January 4, 2013, 6:34am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/18 "2013-01-04T06:34:12Z")

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no way he abolished slavery and got down with the slave labor bow chica bow wow

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**Author:** ![Vovchandr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/vovchandr/32/6275_2.png) [@Vovchandr](https://forums.speedlife.net/u/Vovchandr)\
**Post date:** [January 4, 2013, 7:02am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/19 "2013-01-04T07:02:38Z")

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> [@RedSSNA \> 328ci](https://forums.speedlife.net/t/redssna-328ci/51389/8):
>
> Obama supporters will be blaming shit on Abraham Lincoln next year…

I’m not sorry facts and reality and fact checking websites disagree with your bias.

Don’t worry religion loves people who don’t fact check and are fear mongered. Praise Jesus!

I’m as much a supporter as you are rocket scientist however you keep making wrong references and you will look stupid regardless who the politician might be on the end of your ignorance.

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**Author:** ![JSEnclosures](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jsenclosures/32/6678_2.png) [@JSEnclosures](https://forums.speedlife.net/u/JSEnclosures)\
**Post date:** [January 4, 2013, 7:44am UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/20 "2013-01-04T07:44:10Z")

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Cell phones didn’t start till 08, hence “Obamaphone”. before the it was landline only. idk why anyone would need a cell ophone, landline phones work just fine. A cell phone is a luxury item, not a necessity.

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