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 Post subject: More taxes for you!!!
PostPosted: Wed Jan 02, 2013 1:24 pm 
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http://rt.com/usa/news/fiscal-cliff-tax-social-219/

Starting immediately, US workers will lose 6.2 percent of their paychecks in order to fund Social Security. The Associated Press says this will cost a typical American family earning $50,000 annually around $1,000 in 2013.

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 Post subject: Re: More taxes for you!!!
PostPosted: Wed Jan 02, 2013 1:32 pm 
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That's an *additional* 2% -

Last time I looked the percent removed was something like 7.6% per employee, with the employer giving a matching 7.6 (which has always been miserable for the self-employed, who pay both contributions) - so it looks like the amount has gone *down* in recent years (under Bush) and is now going back up, I guess.

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 Post subject: Re: More taxes for you!!!
PostPosted: Wed Jan 02, 2013 4:57 pm 
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Location: NE Central Texas
Yes I saw it say extra 2 percent.

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 Post subject: Re: More taxes for you!!!
PostPosted: Fri Jan 04, 2013 8:49 am 
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Location: NE Central Texas
I cannot plan my budget till probably February because no on really knows what they will take out and how much.
I figure I will have 300 less every two weeks, that is a lot of money.
I am so glad we are paying off all bills except the house which we cannot and I would not because I want to eventually move.
That way I know what comes in and goes out.

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