Middle class will bear brunt of the cuts!

Middle classes to be hit by tax increase by the back door: Obama and Boehner face furious backlash from their own parties as last minute debt deal is slammed a 'fudge'.

If true, and it looks like it is, this really stinks!
Whatever happened to "balance" and shared pain? Why are
the rich getting away again?

Read more:

http://www.dailymail.co.uk/news/article-2020959/US-debt-ceiling-crisis-Obama-John-Boehner-deal-avoid-default.html

And labor policies.

That is where the problem lies.

Where have I seen this movie before? The rich have their tax lawyers and loop holes. The poor pay no taxes. So guess what? We in the middle always have to take the hit.

EFCA
http://www.youtube.com/watch?v=iMNVIQqatyU

NAFTA
http://www.youtube.com/watch?v=_LtbLEKHsi0&NR=1

Cadillac Tax
http://www.youtube.com/watch?v=I8wmN3wvhNM&feature=player_embedded

Support for LABOR
http://www.youtube.com/watch?v=SA9KC8SMu3o




Who will STAND and FIGHT for THIS American Majority?
You will know them by their WORKS,
not by their excuses.

This is an opinion piece that speculates that the bipartisan committee could raise taxes on the middle class. What do they base this on? Statements by GOP lawmakers.

"Might", "may", "could well". Monkeys could well fly out of my ass.

I'm not happy about this deal, but let's not accept pure speculation as fact.

by higher health insurance premiums, gasoline, grocery store food prices, property taxes, and doctor's office visit charges....all going up relentlessly.

And now many are talking about hyperinflation inevitable. Who is looking out for us in the middle? Why Buffett pays less percent tax than me? Why 50% of population pays no income tax?

I guess the rich do not want competition from the middle class getting ahead. The powers that be want only 2 classes..rich and poor.

My health insurance is going up by $240 a month in September.

As to your other points, many (what amount is "many"?) talking about it doesn't make it so. This economy has proven resistant to stimulus so hyper-inflation seems unlikely.

The 50% nonsense is a right-wing talking point. Here's a good thread discussing the facts: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1631169

You and I agree about the goals of the wealthy.

an FSA (flexible spending account), it's almost worthless now since the change kicked in. I'm sure the tax deduction (or is it a tax credit) for home interest will be next to get cut ~SIGH~.

other than a roof.

Message removed by moderator. Click here to review the message board rules.

I am not sure what is in the deal for social security.
And a good portion of seniors are middle class.

too much we should make them cough up some dough when they go.

They've got the money and are just too cheap/conniving to spend it - want the government to pay for them. He used his own mother as an example!

Same thing with tests - they wouldn't be so quick to run around getting tests all the time if they had to pay something towards them.

Then a bunch of rich old farts called up and backed him up saying they and their health club friends have plenty of money and can well afford to pay up and if old people can't afford to pay something they need to get a part time job!!

That's what I get for listening to WGN!

and in a nursing home, and she wants to go to the doctor constantly. If we and the nursing home did not screen the requests, the state would be spending even more on taking care of her because of these unnecessary trips to the doctor. I only screen them because I want to be a good citizen. It would be far easier to just say go ahead and go, and she at least would not complain so much to me.

It is hard to realize that you are old, and nothing that medical science can do will change that fact. I have to think even $5/visit out of the $50 she gets to keep every month would serve as something of a deterrent. It did once she realized that she was paying for her special Depends when a generic alternative was available at the nursing home for free.

It costs me a $100 minimum when I go to the doctor so I am reluctant to go unless I really need to go (probably to the point of being unhealthy). I try to batch things to keep costs down (such as an infection follow up done with an annual physical).

I tell you it was difficult to reach in my wallet and pay for my daughter's $1000+ Catscan after she fell, but I did it after careful consideration. I think paying something is just an opportunity to really think through the necessity of a procedure. Given an 80 plus year old woman who is dying a cervical exam does not make sense, and a great deal of that kind of abuse does go on.

There's an important distinction.

Their earnings are not all that different.

...about the real meaning of the term "middle class" and how most people who THINK they are middle class are not really so. Middle class connotes a level of material worth that is a standard most American families no longer reach. I'll try to find the article.

A white collar worker has no claim to middle class status. An attorney, yes. A file clerk, no.

Owns a house > 1200 SF or rents an equivalent house/apartment.

Has access to healthcare via insurance.

Has some disposable income for occasional vacations &
eating out.

Has loan payments under 35% of income including mortgage
or rent.

Most people with a decent job has that level of living standard. My wife's co-workers make between $15 & $20 per hour and all except a few are living at that standard. The few exceptions have made too many wrong choices in their lives.

"The good news is, the breakdown of this enforcement mechanism is fairly progressive, given that it's all cuts. It amounts mostly to a two percent cut for Medicare providers, and a whopping $500 billion in defense cuts over 10 years. Programs for the poor and for veterans and Social Security and Medicaid are all cordoned off."

http://tpmdc.talkingpointsmemo.com/2011/08/the-four-big-problems-with-and-four-silver-linings-around-the-debt-limit-deal.php?ref=fpa

The Daily Mail? Really?

Any country who is borrowing 42 cents on every dollar spent has no business fighting wars in far away lands.

Can you think of anything more stupid than fighting wars in middle-east where China gets most of their oil, with money we have to borrow from China?

My biggest disappointments are escalation of war in Afghanistan, starting a new one in Libya, not dismantling Iraq war expenditures within 6 months of taking office.

But I won't hold my breath counting on the super-commission cutting 50% of cuts from defense. They will find a reason why we need to keep spending for war on terror.

The payroll tax will not be extended. That according to stupid teabaggers is equal to a tax increase. When the idle rich tax give away was about to expire, it was touted by the teabaggers as a tax increase. But somehow, now when it is a tax increase for the Middle Class, the teabaggers don't seem to mind one little bit.

Having Pelosi in charge of the House again will change the equation drastically and the WH knows it. Ditto if we keep the Senate and WH.

That's not true. There's currently a payroll tax cut; we don't pay the payroll tax, instead money from the general fund "buys out" our payments to make FICA receipts whole.

No extension of that cut, which was intended mostly to help poor/middle class folk, is now contemplated.

On the other hand, I guess that's not a tax increase, it's just having a cut expire.

Like they fixed NAFTA and NCLB and the Insurance Profit Protection Act.

middle-class families who are lucky enough to still own homes. I saw nothing that says these increases would be limited to the wealthy.

but if it does not and if ALL of Bush taxcuts are allowed to expire, guess what, even the low income people get a tax increase. And of course middle class along with it. Get ready!

no raise for 2 years! Makes sense since seniors do not need
food, healthcare, gasoline, heating oil, all of which are not
inflating at all!! Property tax? It is going down with home values!!

Sorry to be so sarcastic, but it is a cruel joke on seniors.