Michael Tomasky at The Daily Beast writes: "...Democrats would have employers pay 3.1 percent (rather than the 6.2 percent they now pay) on the first $5 million of their payroll. Also, if employers add to their payrolls, they would pay no payroll tax on new hires. So the new bill is specifically aimed at helping the job creators. The total cost is $255 billion." A real program aimed at increasing employment and putting more money in the pockets of labor and their employers - opposed by Republicans. Not only that, they want to end the 2% payroll tax reduction enjoyed for the last year or so.
This makes hollow all the Republican noise about helping America work. It also reveals, in their vernacular, "job creators" as code for the spectacular multi-decade failure that is and was "trickle down." Tomasky goes on to write, "Mitch McConnell unsurprisingly announced his opposition to it Monday. And yes, this is the same Mitch McConnell who said in January 2009 that a two-year suspension of the payroll tax “would put a lot of money back in the hands of businesses and in the hands of individuals,” and that “Republicans, generally speaking, from Maine to Mississippi, like tax relief.”"
A great ship asks for deep waters
Posted by: moncler | December 19, 2011 at 02:31 AM
Better late than never
Posted by: moncler | December 21, 2011 at 08:38 PM