I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
Septmember, 2008

Firm is apparently a relative term in the Obama lexicon.

At the first of the year, a tax rate passed during the Obama administration will expire, and it will add up to less money in the paychecks of every American worker.

Social security deductions and payroll taxes are going up, while take home pay will go down.

January, 2013

WHAT? He lied

He usually lies.

Lying is what he does best...practice makes perfect!

Quote: Justme wrote in post #2

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He lied

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Quote: Silentgypsy wrote in post #4

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He usually lies.

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Payroll taxes are collected to fund social security and other government insurance programs.

The payroll tax break enacted by the BHO administration in 2009 was part of the economic stimulis program in response to the recession.

By all reasonable measures the US recession is over, which means the payroll tax 'holiday' enacted two years ago goes away.

Calling this reversion to normal levels a tax 'hike' is disingenuius.

If conservatives want permanant cuts to the funding mechanisms for social security, they should be up front about calling for them.