who knew congress could pass a tax cut?

Congress Extends Payroll Tax Cut! Let’s Ruin The Fun With Grating Cynicism

Both the House and Senate voted to extend the payroll tax cut another 10 months today. Democrats will be screaming from the Kenyan mountaintops about this great legislative victory of theirs, this “game-changer”! So let’s go through what an allegedly important Democratic legislative victory looks like in the year 2012.

  • An big “temporary” tax cut.
  • An big “temporary” tax cut that may help the economy for a few months now but which is probably locked in forever, since it’s an extension of the previous year’s “temporary” tax cut and Democrats were only able to secure it by constantly repeating the very Republican-y message, “Pass this or everyone’s taxes will go up next year.” Does anyone think that this “temporary” tax cut will be allowed to expire if/when the economy recovers or ever? We wonder if anyone in the Democratic party has a plan for handling this fresh new increase in long-term structural deficits that isn’t “Oops, I guess we’ll have to end Social Security now, who coulda known?” (If we’d just left that at “We wonder if anyone in the Democratic party has a plan” then it would have answered itself.)
  • An big “temporary” tax cut “funded by reducing government contributions for new federal employees’ pension pots.” Uhh…

A big ol’ temporary tax cut that will never expire, that passed thanks to Democrats’ Faustian embrace of annoying Republican tax cut messaging, that unimpeded will ultimately hasten the end of major welfare state programs, that is currently being offset by cutting federal employee pensions.

Also, too, drug-testing for unemployment benefits, and fewer unemployment benefits, etc.

…Let’s hope it works?

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About the author

Jim Newell is Wonkette's beloved Capitol Hill Typing Demon. He joined Wonkette.com in 2007, left for some other dumb job in 2010, and proudly returned in 2012 as our "Senior Editor at Large." He lives in Washington and also writes for things such as The Guardian, the Manchester paper of liberals.

View all articles by Jim Newell

Hola wonkerados.

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141 comments

  1. Barb

    Hooray, now I can afford meat with lunch! Also, there is a jar of applesauce I've had on layaway since Labor Day.

      1. Barb

        Wait, I have to change clothes first. This little pleated plaid skirt, crisply starched white blouse, white cotton panties and white knee-high socks just won't do.

    1. GOPCrusher

      See, I was going to use my windfall to buy a handjob, but I would just feel like an asshole knowing that someone else has to go without meat.

  2. ChernobylSoup

    Will this end the incessant tweets from Obama threatening to kill me if I don't tell him exactly what $40 a paycheck means to me?

    1. mrpuma2u

      Maybe, but be prepared for the re-elect Obama spam to treble. "See we kept your tax cut, now give it back to David Axelrod as a campaign contribution or Rick Santorum will seize control of your reproductive organs!"

      1. Chichikovovich

        "I've looked at silver clouds that way. But now they only block the sun. They rain and snow on everyone. So many things I would have done. But clouds got in my way"

  3. Tommmcattt

    Your cynicism never grates, Jim, it is as soft and supple as the gentle curve of your lover back as it flows elegantly into the fragrant highland of your taut, supple buttocks…

      1. Tommmcattt

        Not as a general rule, but there is something in Jim's casual, doe-eyed vulnerability that draws me…

    1. Chichikovovich

      Don't forget to bleach your anus burger!

      ?

      I'm still unclear on this whole concept, aren't I?

  4. larryfinexx

    I'm looking to buy an electric waffle maker with my tax cut bonus. Does anyone have one they like or would recommend?

  5. coolhandnuke

    With this windfall, I'm treating the entire family to a surf 'n' turf dinner–tuna casserole and SPAM.

  6. V572 Flambé

    It's all part of Barry's master plan, nay-sayers. Once he gets reelected, he'll really start to…uh…no, seriously…well…Forty bucks a paycheck — hooray!

  7. MinAgain

    Let’s Ruin The Fun With Grating Cynicism

    Is that anything like grated parmesan? 'Cause I love that stuff.

  8. SorosBot Jr!

    And the best part is that the Bush/Obama tax cuts stand. See, everybody gets something, but the rich get more. Way more.
    And this just in time, with a little thrift, I just ran out of my $300 bribe that Bush gave us in 2001.

    1. prommie

      Shin Ramyun? Thats the KING of the fancy ramen. If you go to where the farmers market was after it closes, you should be able to find some veggies in the trash!

  9. SoBeach

    Republicans next year: We gave you that $40/week tax cut. Now Mitt and his friends get to keep paying 15%. Fair is far.

  10. SayItWithWookies

    Don't worry, this tax cut won't get extended since the Republicans hate it — it only cuts the taxes of working people at the bottom of the food pyramid, which means that no rich folks benefit and that it flows immediately into the economy rather than getting hoarded or used for speculation like Rich Money should be.

    A year from now, all the GOPers (plus Ben Nelson) who bit the bullet and voted for this are gonna announce that they're saving Social Security by letting the payroll tax cut die.

  11. Lascauxcaveman

    drug-testing for unemployment benefits

    Cool, if you can't give 'em any more money, I'm sure they'll enjoy the drugs. Gotta test those drugs somehow. This is win/win for our unemployed and our pharmaceutical industry.

    Synergy!

  12. prommie

    $40 a paycheck is one tank of gass a week. Wow! That cuts my $600 a month gasoline expenditures by almost 1/3! Yay!

  13. freakishlywrong

    I realize I'm but an ignorant tax payer, but could someone please explain to me why huge, deficit busting tax cuts for the wealthy "pay for themselves", and a shitty little tax cut for the working poor must be paid for by cutting the pensions of the working class and reducing the UI benefit?

    1. Fare la Volpe

      Because the wealthy buy things that help boost the economy, like iPhones, and prostitutes.

      The poor spend it on debt creators, like food. And water also too.

  14. Baconzgood

    This newz about cutting unemployment benefits kinda sucks….But a look at the cute kitty makes it better.

  15. el_donaldo

    Grating cynicism? Well then, how is this news supposed to make me feel better about the Virginia state legislature passing a bill that would mandate a medically irrelevant sexual molestation of any woman seeking an abortion. To shame her.

    You asked. Next time maybe ask for sarcasm.

  16. Callyson

    drug-testing for unemployment benefits
    I know that tout le monde is saying this, but oh how I would love to see drug-testing for candidates for public office. At least for those who support drug-testing people who can't find a job.

  17. Mumbletypeg

    Your "grating cynicism"/ incisive wit/ sharp discourse / & other cliche'd-but-I'm-too-lazy-to-rephrase talents are what gawker.com surely is in bitter remorse for no longer having in their possession, Jim. Esepcially, methinks, with the hullaballoon of contraceptives quagmire their readers are clamoring to bandy about.

    Haha — what do I know, I never read gawker…

  18. Indiepalin

    If I ever need to apply for unemployment, it's good to know that all I have to do is test positive and a life of luxury is mine.

    1. SoBeach

      I wouldn't touch facebook stock with a ten foot pole. Then again, I said the same thing about Google. Warren Buffett I ain't.

      1. BigDumbRedDog

        Magic beans it is! I never would have been able to achieve my staggering net worth of -$xx,xxx without the advise of anonymous internet commenters.

  19. Antispandex

    I'm not very smart. Can someone explain how this helps all of those unemployed people afford a Happy Meal?

  20. BarackMyWorld

    I should point out that unemployment benefits were going to end for everyone who had exhausted their state benefits without this extension passing. It was basically a choice between shorter benefits and NO benefits.

Comments are closed.