# Obama wants to raise my taxes!

**URL:** <https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792>\
**Category:** The BBQ Pit\
**Created:** [December 11, 2010, 4:44pm UTC](https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792 "2010-12-11T16:44:49Z")\
**Posts on this page:** 4\
**Page:** 2

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**Author:** ![XT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/xt/32/456_2.png) [@XT](https://boards.straightdope.com/u/XT)\
**Post date:** [December 11, 2010, 9:25pm UTC](https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792/21 "2010-12-11T21:25:16Z")

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[QUOTE=Richard Parker]  
You need to review this, gonzo.  
[/QUOTE]

Best. Comeback. EVAH! Gods, I’m rolling on the floor!

‘Oh, I’m just a bill, yes I’m only a bill, and I’m sitting here on Capital Hill…’

😛

-XT

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**Author:** ![UTejas](https://avatars.discourse-cdn.com/v4/letter/u/977dab/32.png) [@UTejas](https://boards.straightdope.com/u/UTejas)\
**Post date:** [December 12, 2010, 5:34am UTC](https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792/22 "2010-12-12T05:34:38Z")

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One group of people this will impact is working students. Currently students working for the same university they attend pay no FICA payroll tax. Speaking as a PhD-pursuing graduate student on a stipend, this deal will result in my taxes going up $400 if the Making Work Pay credit is allowed to expire.

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**Author:** ![MilTan](https://avatars.discourse-cdn.com/v4/letter/m/71e660/32.png) [@MilTan](https://boards.straightdope.com/u/MilTan)\
**Post date:** [December 12, 2010, 4:12pm UTC](https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792/23 "2010-12-12T16:12:49Z")

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> [@UTejas](#):
>
> One group of people this will impact is working students. Currently students working for the same university they attend pay no FICA payroll tax. Speaking as a PhD-pursuing graduate student on a stipend, this deal will result in my taxes going up $400 if the Making Work Pay credit is allowed to expire.

But that’s **Richard Parker** ’s point. The MWP credit was going to expire no matter what. This deal doesn’t replace a long term MWP credit with a payroll tax cut. Extending MWP was never on the table. This deal replaces _nothing_ with the payroll tax cut. As **RP** pointed out, the deal only raises taxes on the poor relative to an imaginary, possibly unattainable, baseline.

By the way, it is worth noting that if you treat your baseline as Obama’s preferred position on the Bush tax cuts, this compromise _lowers_ taxes on the poor. Obama’s original position was silent on MWP, EITC and UI. And there was no chance that those credits and benefits would have been extended in isolation.

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**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\
**Post date:** [December 12, 2010, 11:44pm UTC](https://boards.straightdope.com/t/obama-wants-to-raise-my-taxes/563792/24 "2010-12-12T23:44:04Z")

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> [@Richard\_Parker](#):
>
> _I think he could have gotten more because he got practically nothing._
> 
> Even taking your premise that he got almost nothing as true, why does your conclusion follow?
> 
> _It will be permanent because if they have the house, they will pass it and filibuster the Senate_.
> 
> You need to review [this](http://www.google.com/url?sa=t&source=web&cd=1&ved=0CCMQtwIwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DmEJL2Uuv-oQ&rct=j&q=how%20a%20bill%20becomes%20a%20law&ei=jbwDTYfxB4KClAennaDDBw&usg=AFQjCNFtaspZiqlSGvS0WvpiuM3f8fCMnw&sig2=pB3fcwYEIj7lcXgHDjG2Ww&cad=rja), gonzo.  
> \*  
> All Obama gets is a 1 year extension of unemployment for a 2 year and possible permanent huge tax cut for the rich.\*
> 
> This is factually false. I suggest you also [review](http://voices.washingtonpost.com/ezra-klein/2010/12/the_white_houses_case_for_the.html) the facts of the deal.

I am well aware of the "facts’ The Social Security holiday is dangerous. It is a Republican proposal and you count it as a Dem plus.

> **['Payroll Tax Holiday' Came Into Obama's Tax Plan Via Republicans](https://crooksandliars.com/john-amato/payroll-tax-holiday-came-obamas-tax-pla)**
>
> I've written that the use of a payroll tax holiday plays perfectly into the hands of the Grover Norquist/Tea Party plans to destroy the viability of of Social Security. Jennifer Rubin reminds us that it was their proposal in 2009 and was

The Bush tax cuts for the rich will likely be made permanent by the Repub house. They have a majority there. The house is where financial bills are originated. The Bush bill is a financial bill. It will sail through the house. The Senate will pass it.because they are owned by big money. Obama does not have the guts to veto it.

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