The Right Wing Derp about the temporary payroll tax expiration is already gaining mythic proportions. Already you have people claiming that their taxes went up by $200 a week and similar nonsense. First there has not even been a pay period in this fiscal year yet. Second you would have to be making $10,000 a week for your taxes to go up $200. Third if you really are making that much you only pay the tax on the first $113,000 of income and then pay nothing after that.

These howls from people about the payroll tax returning to what it has been for more than 25 years are ridiculous. It was always meant to be a temporary cut to put more spending money into the hands of the lower wage workers and hopefully boost consumer spending a little. Meanwhile the Fed has had to “borrow” more money from elsewhere (really they have just been shuffling the books) to make up the money that SSDI should have been receiving.

Funny how it is always the people that make the loudest claims about how much they love this country that never want to pay anything towards making it work.