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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. Come on people, Let’s give Pres. Zero a break!
    Despite his “brilliant mind” – he’s never held a real 8-5 job, so all this talk about a payroll system not being to implement a two month plan just does not compute! He’s only three years into this affirmative action position, and is still trying to get a handle on all this formal “presidential stuff,” so lets just stay calm and consider giving him another four years to figure it all out (sarc flag).

  2. We could have covered this so-called “$40 per person” shortfall by cutting Obama’s vacations in half. Looked at another way, Americans are being asked to make sacrifices at Christmastime to pay for the President’s excesses. And how much more than $40/month will Obamacare cost us in January 2013? It is hypocritical at best for the President to force an unwanted healthcare mandate on the American public, then characterize this present deeply-flawed bill as an unnecessary sacrifice.

  3. It is amazing to me how nobody THINKS . Question the numbers that the regime pulls out of thin air. They are scamming you with another flawed premise that people will pay $1,000 more in tax. That would be for a full year and their scam is for two months. Two months is more like $166. Even if you believe the bogus numbers you cannot argue math. Honest Math and logic are not used by obamie the commie and his mindless lemmings.

  4. How about the politicians get their hands off my families paychecks ?! They act like they’re doing us a favor not taking anymore of OUR money ! How about they stop spending and giving out OUR money to their friends in high places ? What nerve ! If my family is taxed anymore eventually our backs are just going to break and that is the truth. We can’t take much more. It’s getting to the point that its almost not worth it to work and try to achieve success. How did we get here, America ? At what point did we bend over and allow Washington to rob us blind ?

  5. According to the US Dept of Treasury, the average American family lost over $21,000 in their net worth (home, 401k, investments etc) in the 3rd quarter alone! At $40 per paycheck we will be able to make up that $21,000 in just 10 years! Now that’s change you can believe in!

  6. It’s quite simple really, Obama is trying to play the tax cutter in pushing for a cut in the Socal Security funding mechanism(aka, the Payroll Tax) in hopes that the Republicans will vote for it. Later he can accuse the Republicans of voting to deprive Grandma & Grandpa of their food, rent, med $, etc. If he REALLY wants to relieve our tax burden, he would push to reduce our income tax rate. Remember, it is Obama’s party that screams bloody murder whenever the Republicans even HINT of wanting to reform Socal Security.

  7. This “tax cut” is nothing more than a fast forward to bankrupt SS and Medicare, you vote for any of this BS you’re committing political malfeasance. BTW this is the only “tax” some of the 47% pay.

  8. This tax cut takes from the only source the Government has to fund SOCIAL SECURITY. This will only hasten the insolvency of the “trust fund”. Why is taking from SS in order to bribe Americans before an election a good idea? Was it a good idea last year? How much less does SS have to give to recipients due to this $40 favor?

    These are questions real reporters would ask.

  9. This is really showing who is running the “show” in Washington.
    Obama wanted a full year extension, but, Harry Reid said “no”, so Obama now takes Reid’s line and bashes the Republicans for supporting the full year extension.
    This is ALL Harry Reid’s power play.
    There is NO leadership coming from this White House.

  10. Obama launches full-scale war on older citizens. Wants Congress to take
    money from Social Security to give to younger current workers. Where is the outrage from the communist AARP?

  11. Lets see Obama is saying he and the dems in senate are saying that givning the middle class a great tax break fo TWO, COUNT EM TWO months as a great thing.

    But the GOP House doing for a year is not good for the middle class.

    Can Obummer REALLY be that stupid?

  12. Really….the President ‘says’ he wants this for a full year, the Senate “says’ they want this for a full year…the House wants it for a full year…..ahhhhh whats the problem here? typical politics…. change the 2 to a 12 …you can squeeze that 1 right in there…done….

  13. #40dollars:
    Pound 40 dollars up you colon, what a tool. Like the white house even cares about 40 dollars. 100,000 people and myself all gave ouf 40 dollars to Obama so he could take his family on vacation again. We will all be doing that againg next month when he takes his next vacation.


    Socialist Scumbag Demcraps GIVING BENEFITS that ARE NOT PAID FOR…AGAIN.


  15. Once again, we see the liberals are like spoiling grandparents—giving the children whatever they want, with no regard to their future well-being. The grandparents lament the children’s outraged cries when the parents (conservatives) have to say no sometimes in the name of keeping the bills paid, meeting the children’s real needs—not always their wants, and there’s a difference—and actually teaching the children responsibility, so they can succeed in life when the parents are gone. America has to decide now, in the face of crushing debt, a credit downgrade, growing dangers abroad and a reeling economy, if they want to be grownups (patriots), or if they want o keep being the children that Obama is appealing to. Remember JFK’s words, America. This isn’t a Democrat or Republican thing. It’s an American thing.

  16. Is anyone writing about how they will have less money if any in Social Security when they retire because of this “cut”? How about not being able to get a Dr. without a rusty scalpel because of Medicaid cutbacks?

    Save me Obama from you and resign!

  17. This “tax cut” is nothing but political rhetoric trying to persuade idiots like JC and Eric below that he is actually trying to do something for the “working man”. This tax cut is meaningless. Obama has no plan, he is living day-to-day hoping that the political winds blow enough discontent with the Republicans to get him reelected. But his second term will be even worse for him than the first because the conservatives will stay in control of the House (and maybe win the Senate) and will block any more socialist legislation he tries to pass.

    If you want real tax cuts that will make a lasting difference, start with tax breaks for small and large businesses that make it competitive to hire workers and expand production. Then give everyone making over 50,000/yr a 3 month moratirum on federal income taxes (that will cost about 1/2 of what the “stimulus” cost) and will put seious money into the hands of people who will actually go out and spend it.

  18. Obama, stop playing games. Extend the payroll tax cuts for a year. Stop kicking the can down the road. We don’t want or need to go through all this $&%* in another two months.

  19. You’re right, I’m not so excited about my 2% payroll tax cut. But if my 2% cut is no big deal to me in terms of my income percentage, then why, in the name of all that is holy, would a proposed 3% tax increase on the ultra-wealthy be a big deal to them?

    • Tax increases are not the solution. Businesses in the US today (small, medium, large) have no idea what the future holds for them and are not spending their money. Instead they are stockpiling cash in record amounts, waiting on some stability. Tax increases are not going to change this at all and will make it even worse. Decreased regulation and a stable, long term tax base is the answer. The debt is not going to go away in one year or even in one presidential term. But if laws were passed that would solve the problem in 6-8-10 years with solid legislation, then businesses will start to invest again. You friggin people who have it out for the rich guy do not know anything about economics or finance.

  20. This is the comment I left on the White House site;

    It will give me more money to give to Republican candidates so we can get some adults to run this country.

    I rather doubt this will make the cut.

  21. Obozo is always in Campaign mode and his half-truths and mis-speaks are so biases that it is sad. Only an imbecile or a cool aide drinker would believe his half truths

  22. I read a handful of comments and can clearly see the success Obama has had creating class warfare. What ‘good’ can possibly come from this? He has strengthened our enemies, and weakened our economy to the point where it will take several MORE years to recover. Excess fees and restrictions have either driven businesses into hibernation, death, or out of the country, ensuring a long-term economic down-turn.

    Weaker-minded people will respond with comments like “JC”, and worse. People will get more violent and more damage will occur, all for the single-minded sole purpose of Obama’s own re-election. Very, very few people are better off that when Obama took over, and as expected, he just blames everyone else. He’s fiddling while the country burns, and people are falling for his crap hook, line, and sinker.

    And he’s a community organizer and a unifier? How can such a person stir up class warfare, unless he’s really a wolf in sheep’s clothing?

    As Reagan simply asked, “Are you better off than you were four years ago?” 90% would have to honestly answer “no”. The 10% are most likely on government assistance.

  23. Typical rhetoric from the idiot in chief. If a person makes $50,000 a year and the tax cut is 2%, the exact amount would be $19.23. Besides, the money is being taken from the employees portion of Social Security (FICA), which is already on the path to bankruptcy, meaning that the Federal government is still getting their share of your paycheck. The “tax cut” you get now will only cut your benefits in the future when you retire. You can always tell when Obama is lying, cause his lips move. Anyone that hasn’t figured that out yet will most likely still vote for Obama.

  24. These are the very same people who can’t manage to pass a budget and we’re surprised that they can’t come to agreement over this tax? No one in DC is actually representing the people anymore….they’re all too busy campaigning and trying to retain (and increase) their power. Meanwhile, we the people are busy calling names and insulting each other. A sad, sad day in America.

  25. $40 tax cut is a joke. With Obama Care and all the new regulations from the EPA, USDA, FDA , etc. All our taxes will go up beyond a measly 40 dollars probably 100 fold! This man is a complete narcissistic moron.

  26. Spoken like someone who never wrote a payroll check in their life. These are done with computer software that have to be updated for the new tax codes and filing each quarter. They should have at least made the minimum 3 months and not two. That shows you how out of touch they are with small business.

  27. Does everybody realize that this has nothing to do with taxes? This is simply a reduction of OUR contribution into Social Security…which is pointless to begin with as most of us “contributors” will not get anything out of it…what a joke. I think it is illegal to begin with.

  28. Of course he isn’t saying it goes both ways. The Republicans want to help everyone over a longer time period while the Dems want to make it short because in the end all they want is to raise my taxes to pay for their welfare system that is completely broken. Obama is just playing a game he hopews will get him re elected. Not happening and Americans are no longer stupid and in love with him. I for one never was and didn’t vote for him.

  29. The bigger problem has nothing to do with giving middle class families an additional $80. It has to do with getting middle class families back to work. A two-month extension does nothing to help the economy. It does nothing to get Americans back to work. It only serves as another ‘victory’ during the Presidential campaign.

    We need our President to stop publically calling on other people to come up with workable ideas and actually come up with a few of his own. I have yet to hear his alternative. He’s only demanding that the House pass the bill the Senate agreed to.


  31. This is insane…… cut my rear. This president and Wall Street are so out of touch its not funny anymore. The whole bill is a joke and the American voter knows it…and so is this president trying to hang his hat on a bill like this, hes in for a huge surprize his coming election…we held a general vote at our Cheistmas party of over 500 people…Obama got 4 votes. This media can push Obama all they want…… dummies out here will make our own minds up this election.

  32. This is very unlike Obama. He should have waited until election time to offer a bribe to his minions.

    Me, I’ll take a full year cut, as the house proposed and passed. Let the Senate come back and pass what the House passed, then we’ll all be better off.

  33. Your 40.00 per bi-monthly paycheck tax increase, over an entire year (960.00) will run Air force One for about 40 sec. entourage and support vehicles not included. Com’on your Commander and Chief needs you. Be Patriotic get some more skin in the game man. Somebody has to pay for the Government, Campaigner and Chief’s vacations, the other 50 % of Americans who do not pay taxes at all and assorted international guests. Question, can a millionaire afford an extra 100.00 bucks or a thousand? Yes, but what happened to the 500,000 he’s already paid in taxes? Isn’t that enough? 40.00 gets me 1/3 a tank of gas for my 10 year old 200,000 mile pickup truck. Looks like grilled cheese and baked beans, Ameritopia!

  34. Social Security is going broke. It may to ten years, twenty years or thirty years but it is going broke. There have been numerous discussions about raising eligibility age, means testing, reducing benefits, calculating benefits differently all as a way to keep the program going.

    Now, these geniuses in DC have implemented a 30% cut in the rate at which these taxes are collected and are arguing over how long to extend those reductions. I enjoy having an extra $40-$50 per paycheck but I am not so selfish and ignorant that I want to leave it up to my kids and unborn grandkids to make up those shortfalls.

    If they had any integrity Congress would end the temporary reduction, let the rate increase, let us all pay the amount we would have paid without this election gimmick reduction. They should also raise the taxable income threshold, change the formula by which benefits are paid out to reduce benefits for those who are not dependent on SSI as there only source of income. Raise the age for full benefits and do whatever else is needed to maintain the program for those over 50 years old, or 45 years old or whatever is politically and economically feasible.

    Private retirement accounts would be the best solution. Yes, I know this would greatly reduce the amount paid into the system for current reciepients but it would all but guarantee better retirement income for anyone in the private system.

    SSI is a mess and Congress only seems capable of making a bad situation worse.

    have an Evil day

  35. This is not a tax cut, it is a Social Security funding hoax. Pay attention. Tell your congressional representative to vote to pass it and then tell them to communicate the truth. They are just looking for ways to write more legislation and pack it with their pork.

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