tag:blogger.com,1999:blog-5477669229969550311.post2467837594222921447..comments2024-03-12T11:58:18.978-04:00Comments on Accountable Talk: Obama Seizes Raises for Teachers (and everyone else...)Unknownnoreply@blogger.comBlogger17125tag:blogger.com,1999:blog-5477669229969550311.post-65435271138234041372023-08-18T08:18:18.987-04:002023-08-18T08:18:18.987-04:00What’s up everyone, Kindly keep sharing valuable a...What’s up everyone, Kindly keep sharing valuable articles. Feel free checking out this information. Explore Ancient Wonders: <a href="https://egypt-e-visa.com/egypt-visa-for-Brazil-citizens/" rel="nofollow">Egypt Visa for Brazil Citizens</a> Simplified application process, discover pyramids, Nile cruises, and vibrant culture. 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Remember it takes 22 years with a Masters and 30 above to reach maximum. And with the new eval systems, many teachers will never reach it to retirement.<br /><br />Obama has a way of breaking promises. This is just another sham.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5477669229969550311.post-47105656349521118832013-01-01T15:53:09.125-05:002013-01-01T15:53:09.125-05:00Of course, they could have just raised the cap, in...Of course, they could have just raised the cap, instead of the rate. You know, since I never go a check without paying FICA, and people say like athletes, are done paying FICA after one check. And I have nothing against athletes making money. But think the head of Citigroup would miss his money if they raised the cap to $250,000 or $300,000 instead of upping the rate? Funny how that never comes up, by the right or the left(if the two sided even exist).TeachmyclassMrMayornoreply@blogger.comtag:blogger.com,1999:blog-5477669229969550311.post-79080905357900332682013-01-01T09:24:34.604-05:002013-01-01T09:24:34.604-05:00Sorry, Anon, but that is just plain wrong. The pro...Sorry, Anon, but that is just plain wrong. The proposed $250000 threshold was for taxable income, i.e., your income AFTER all deductions are taken. My wife and I (both teachers) are both at the max, and after deductions we make less than half the $250,000 threshold. Yet, because the payroll tax is on GROSS income, we will pay an additional $4000 in taxes.<br /><br />In addition, the increased tax rate will only be applied to taxable income ABOVE the $450,000 level. For the first $450,000, the tax rate is the same as it was been since Bush cut taxes.<br /><br />A teacher married to a doctor with taxable income of $450,000 will pay ZERO additional taxes, other than the same $4000 in payroll taxes that my wife and I will pay. Do you really think it's fair that we will be paying the same increase, even though we make about 1/4 the take home pay? Mr. Talkhttps://www.blogger.com/profile/11400372409592371226noreply@blogger.comtag:blogger.com,1999:blog-5477669229969550311.post-17400767897939551952012-12-31T23:35:49.577-05:002012-12-31T23:35:49.577-05:00Actually, a teacher on maximum salary need only be...Actually, a teacher on maximum salary need only be married to someone making just a bit more, for the couple to be making the $250,000 that would be have been affected by the tax cuts expiring, had it not been pushed up to the $450,000 they are now talking about.<br /><br />We may not think of ourselves this way, but in truth, NYC teachers are among the highest paid workers in the city. <br /><br />I do not think of myself as making anywhere near one-percenter territory, but it recently occurred to me that a married couple of two teachers on max are making more than $200,000. So, when you talk about Obama's going back on his promise to let the tax cuts expire for only those making more than $250,000, just realize that many of us are exactly the ones who would be affected. All it takes is for a teacher (on max) to be married to someone making just a bit more (most doctors, lawyers, and similar, for ex.). <br /><br /><br /> <br />Anonymousnoreply@blogger.com