Every American worker should be able to save for retirement via payroll deductions.
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
Did folks know that the tax to fund the program [Social Security] only hits salaries up to $110,000? That means that if you make a million bucks, about 90% of your salary is tax free when it comes to the payroll tax that funds Soc Sec. That ain't right.
We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.
Everybody's complaining about all of Trump's cabinet members, how rich they are, that's horrible. I'd rather have that than a bunch of people in Obama's cabinet that have never spent a minute making a payroll, creating a job, or a service, or inventing a product. What the hell is there about academics from the faculty lounge who don't know what they're talking about other than theoretically. Why not have a bunch of people who have succeeded wildly, sharing what they know, implementing what they know nationwide? I would much rather have that.
The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
I believe the United States should join the rest of the world through paid family and medical leave. It would cost us a $1.61 a week in an increase in payroll tax.I think that`s a great investment.
The drug war isn't what purports to be. If you look at the whole operation and the tie-in between the American intelligence agencies, these so-called "assets", the spies on the payroll of the CIA, and drug dealers. Don't let members of Congress and the media get away with this complacency and distortion!
I refer the largest number of my clients to Payce Payroll because the specialize in the restaurant and contractors industries. I am pleased with the service they provide, competitive fees and responsiveness to clients. What most impressed me was that one of the founders, Gus, came to personally meet with me and a client to establish their payroll software. They truly care about their clients.
Republicans want to punish work and reward wealth; hence the high payroll tax and the low dividend tax. Said one Bush economic adviser, if we can't help wealthy investors and screw working people, what's the point in being a Republican?
Government jobs are not an addition to the country's payroll; they are an increase in the nation's payload.
I've never supported a wage tax and I've never supported a payroll tax.
Major League Baseball's labor negotiations involve two paradoxes. The players' union's primary objective is to protect the revenues of a very few very rich owners - principally, the Yankees'. The owners' primary objective is a more egalitarian distribution of wealth. The union believes that unconstrained spending by the richest three teams pulls up all payrolls. Most owners believe that baseball's problems--competitive imbalance, the parlous financial conditions of many clubs--result from large and growing disparities of what are mistakenly treated as 'local' revenues.
The majority falls prey to the delusion–popular in some circles–that ordinary people are too careless and stupid to own guns, and we would be far better off leaving all weapons in the hands of professionals on the government payroll. But the simple truth–born of experience–is that tyranny thrives best where government need not fear the wrath of an armed people.
I never stole nuttin' unless it began with an 'A' - A truck, a car, a payroll...!
I have always maintained that if a program is to be successful, it must... be voluntary... based on need and must not be financed through a payroll tax.
Now, in New Jersey, we have more government workers per square mile than any state in America. But since I've been governor we now have fewer people on the state payroll at any time since Christie Whitman left office in January 2001. That's the right direction, Mr. President, not the wrong direction.
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
Canadians expect their government to make sure we're helping the people who need the help and growing the economy, and that's exactly what we're committed to do, not just with our historic investments into infrastructure that are going to create jobs while the others are focusing on cuts, but by lowering payroll taxes, by lowering EI premiums from $1.88 to $1.65, at the same time as we make sure that the people who need help are getting the help that they paid into, because they're not getting it under Stephen Harper. That's what Canadians expect from their government.
The challenge for any government is how do you do two things at the same time. How do you put money forward for things like the payroll tax holiday, for things like getting a jump-start on infrastructure, for building schools, and make the decisions for long-term deficit reduction.
There is an old Arabic proverb, 'When the king puts the poet on his payroll, he cuts off the tongue of the poet', so throughout the ages, people in power have liked to control music, they used to throw songwriters in jail throughout history, and were assassinated.
More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.
I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.
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