House Caves ...

[tombogan03884]

What people don't realize, is that it's not a tax cut. There is just less money witheld from your paycheck. At the end of the year, you'll still owe the same amount. If you're used to getting a refund, it will be less or you'll have to pay. Since the operating capital comes from the monthly witholding, and that's being cut, you can expect IRS enforcement to be heavy handed, in the extreme, to those who are self employed and to business owners (sorry TAB). All those new IRS employees have to justify their jobs somehow.

What people don't realize is that it's not taxes, the "cut" is in FICA, in other words Social security, it's nothing to do with actual Govt revenues.

[MikeBjerum]

What people don't realize is that it's not taxes, the "cut" is in FICA, in other words Social security, it's nothing to do with actual Govt revenues.

This is the one thing we pay into that comes directly back to us at some point.  There is waste and abuse in the SSI system, but it is one where we directly receive a return on our investment.  Why not cut other areas of taxation and spending ... Oooooops ... that is what the common sense folk have been saying for years and we can't cave to common sense