Whoa!! My pension check is indicating a $37.00 increase in taxes. What happened to the tax cut? nt

[mfcorey1]

[Seedersandleechers]

1. Would that be SS?

[mfcorey1]

3. No. Straight pension.

[BeyondGeography]

2. You have a pension?

Fuckin' celebrate, man.

[Hello_Kitty]

Classy.

Stellar talking point to use on others in the OP's position. "Suck it up, geezer. At least you're getting a pension!"

[mfcorey1]

12. Geezer? LOL Retired at 57 after 33 years of employment. nt

[BeyondGeography]

14. Good for you

:thumbsup:

[WCGreen]

4. Since you are not receiving Wages, the tax increase due to the expiration of the

Bush 'temporary tax cuts' is in effect and not off set by the one year roll back of FICA contributions from 6.2% to 4.2%...

[Ian David]

5. That's probably just what's being withheld. You'll get a refund when you file. n/t

[Hello_Kitty]

16. Why would withholding change on a fixed pension?

[leftstreet]

6. It's Trickle Up Economics

Why do you hate rich people?

:cry: :cry: :cry:

[hfojvt]

7. taxes went up for people making under $20,000

http://journals.democraticunderground.com/hfojvt/135

and also for people on pensions who do not get the social security tax cut.

[slackmaster]

8. Your $37 increase is to offset my $37 cut

:hi:

[JBoy]

9. Or the interest payment to China on the loan that's funding your $1,000 cut.

[DCKit]

11. You bastid!!!! Bwahahahahahahaha!!! nt

[Frustratedlady]

10. Yeah, I got a notice that mine will go down about the same amount.

I hope we get it back.

[rurallib]

13. tax cuts were for the rich

tax raises for the poor seldom got discussed.

[Hello_Kitty]

15. When we did discuss it we were told it would have been worse if the tax cuts had expired.

IOW, shut up paupers.

[katnapped]

20. Yup "be glad you got anything!" n/t

[Historic NY]

17. see video Making work pay tax cut ended

http://www.youtube.com/watch?v=wxeB6NAmvOQ

[JVS]

18. Do you make under 20k/year?

[mfcorey1]

19. Over 20k

[JVS]

23. Ok. From what I understand, over 20k means your taxes will be going down.

However withholding might be done at a higher rate than before, which means you should see the money back when you get your tax refund.

[Kennah]

21. TARP thanks you for your contribution

[alc]

22. a tax cut from the stimulus package expired

If you're a retired state or federal worker
http://www.theindychannel.com/news/26520774/detail.html

I read a better description somewhere a few days ago but that's the first link I found on google.

[ipaint]

24. Tax cuts for the rich NEVER expire on the other hand tax cuts for the poor

expire on the button, no questions asked and no extensions allowed. Period. End of story. If you are poor shut up and suck it up, too bad for you.