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Obama Launches “$40” Payroll Tax Cut Campaign

President Obama is stepping up his PR war against House Republicans with a just-scheduled 12:15 pm ET appearance at the White House to tout a new campaign highlighting the tax break families will lose if the partial payroll tax holiday is not extended.

From the White House:

In the afternoon, the President will continue to urge House Republicans to do what’s right for the American people by allowing a vote on the short term bipartisan compromise passed by almost the entire Senate.  If Congress fails to extend the payroll tax cut, the typical family making $50,000 a year will have about $40 less to spend or save with each paycheck.

Obama will point people to a new section of the White House website where they can “share what a $40 paycheck means to them.” In addition, he’ll urge them to make use of a new Twitter hashtag, #40dollars.

The White House has also rounded up a group of citizens “who would see their taxes go up” to appear alongside Obama. Unclear if they’ll recite their assuredly heart-rending tales of prospective woe.

Obama has been demanding that House Republicans move a two-month payroll tax cut extension approved by the Senate.

Obama today will leave unsaid, of course, that everyone’s taxes will also go up if the Senate fails to return and act on the House-passed year-long payroll tax cut extension.

1030 Responses to Obama Launches “$40” Payroll Tax Cut Campaign

  1. Really? Is Obama also going to point out that each Chevy Volt sold cost taxpayers 250k? Or that Solandra cost us all 500k? Or how about the amount of money is predicted to cost each taxpayer? No? I didn’t think so…scumbag.

  2. The President stated in his speech that the average household would see $1,000.00 per year or $40.00 less in their paycheck if the payroll deduction agreement is not signed into law immediately.
    Then the President went on to talk over and over about how people have written and emailed in about how much $40.00 per week more in their paychecks means to them.
    Well this supposed genius President seems to be math challenged again.
    If it was as simple as dividing $1000.00 by 52 weeks per year then that is an obvious straight forward approximate reality $19.23 cents per weekly paycheck (which is how he framed the entire speech or lecture he gave today) not $40.00 per week.
    We all know it is not quite that simple though.
    If the wage earner only gets say approximately 15% taken out of that for taxes then the gross would be approximately $850.00 and then the net amount seen in the pocket would only be approximately $16.35 per week not approximately $40.00 per week as the math challenged President lectured us in his speech today.
    It is not so bad being lectured by a college professor when he or she knows what they are talking about or are at least in the ball park, but when they lecture you when they are obviously clueless, now that usually does not set well with most people.
    I hope that someone will bring this to the attention of all Americans but of course using accurate figures for estimating the taxes etc..
    Thank you,
    Dave

  3. And what you leave unsaid is that the Senate vote for the two-month extension was 89 to 10 which means the majority of Senate Republicans DID vote for it. Don’t pretend that as a journalist you speak half-truths as well.

  4. […] (WhiteHouse Dossier) President Obama is stepping up his PR war against House Republicans with a just-scheduled 12:15 pm ET appearance at the White House to tout a new campaign highlighting the tax break families will lose if the partial payroll tax holiday is not extended. […]

  5. February 17, 2012

    FEDERAL EMPLOYEE APPRECIATION DAY

    February 17, 2012 has been designated Federal Employee Appreciation Day, a day for Federal Employees to voice their disgust with their government. On February 17, 2012 Federal Employees are encouraged to take the day off to enjoy a four day weekend and send a message to Congress, the White House, and the American people to reflect on the underappreciated work of the Federal employee.

    My name is Mandinka and I approve this message.

  6. It hasn’t been made clear to me if this $40 per paycheck we’re talking about is
    a weekly paycheck, a bi-weekly paycheck, or a monthly paycheck. Did the President use this wording on purpose to trick us to thinking this $40 reduction in pay was weekly when it’s really not?

  7. As a Controller for a small construction company and in charge of payroll, I can tell you this payroll tax issue amounts to 2% reduction in the employee’s social security tax contribution, that’s it! In order to get $40 more per week on a paycheck, you must earn at least $2,000 per week!

    LIES!

  8. leticia olalia morales of 15501 pasadena ave #h tustin ca 92780 submitted fake documents and 5000 dollars to a person name sandman at the US embassy in manila. she also submitted fake employment records to obtain a work visa. Her husband carlos b. morales also submitted fake documents (land titles and bank statements) to obtain a tourist visa. Her son carlo iii also used such and helped 2 other people to obtain a US tourist visa.