They ended the “payroll tax holiday”, which was a stupid political gimmick that damaged the solvency of Social Security quite a bit. So that increase is OK...it’s income tax in general that remains way too high.
For wage earners, it went BACK up to 6.2% from the 2% less ‘holiday’ Obama gave his voters (he wanted only to give it to THE BARRACK, but had to do it for every wage earner)....that is back up to 6.2% now, double for self-employed people (usually not THE BARACK).
Technically not a tax but an insurance contribution and thus an ‘off-the-top’ deduction from every paycheck. For most of THE BARACK is is the only Federal deduction from their paychecks because they mostly don’t pay any Federal INCOME tax at all. Barack and the Media and even some RINO fools call it “payroll taxes” because they think it gives THE BARACK in this country the idea they really pay their fair share of actual ‘taxes.’ They actually largely get more money than they paid in on Federal Income Taxes because of that whopping big ass EITC check they get every year.