See. “Obama” didn’t increase your taxes, just like he promised. It was those mean old Republicans that didn’t continue Obama’s Social Security 2% tax decrease.
We are paid bi-weekly, so we’ll probably get the notice early next week. Even though I’m pissed, I’m going to enjoy listening to all the libtards whining about it.
Gee, I thought this discount was imperative for working-class Americans... or so the rhetoric went a year ago.
Geez... are you news-starved or what? That’s been talked about on at least FNC for the last week... continuously.
You mean the 44% payroll tax increase?
Just wondering if it is warm under the rock where you have been living. It clearly doesnt get newspapers or cable.
The 2% FICA deduction expired. It really wasnt part of the fiscal cliff. It was completely different and had been set to expire long ago.
I always thought it was stupid to reduce payroll taxes that support Social Security, which is gasping for every dollar it can get.
THAT alone, is an indication of how stupid our government is.
If only it were only 2%. The increase from 4.2% to 6.2% is more than 32%.
Obamabots who have received a paycheck this week have been howling mad about smaller paychecks...we have been using a great response that was posted here a while ago...”Your taxes went up? Guess you weren’t paying your fair share.”
I don’t know if I’ve got all this right, so maybe someone can help me out.
The payroll tax goes into the general fund, there is no separate Social Security Trust Fund, that’s a fiction.
Consumers got a temporary stimulus from lowered withholding but still owe the same in taxes.
Most Americans live paycheck to paycheck and spend whatever comes in. The stimulus is over and now they will have 2% less to spend, which will impact the economy as 2% more money has just been removed from the economy (rightfully so).
When tax retrun time comes, people will see a smaller return due to less money having been withheld from their taxes last year.
Do I have any of this wrong? Thanks.
This 2% SS tax cut was passed because you can’t give a income tax cut to those that don’t pay income tax anyway.
I was notified on the 2nd, but at least my company prefaced it with a bonus I was due on the 1st of the year that was coming to me and I was already aware of before lowering the boom......
Aww come on now everyone. At least we have this: Our fearless leader gets to have a very nice vacation. We should all feel good.
Your latest vanity only provides additional confirmation of what many of us have known about you since November of 1998.
My taxes increased $1,820. Thanks a lot congress!!!
Bush once gave everyone back a lump sum rebate about this amount in the mail.
Obama couldn't bring himself to cut rates so he cut the payroll tax (SS) which was stupid because everyone knows they would have to go back up later.
Just about everything Obama does is DUMB.
Nothing official from HR in HQ yet (1st paycheck of 2013 is 1/15), but the local HR made the rounds today telling us about it. Most of us already knew. If they do start exempting the first 25K there’s another incentive to cut back to part time work. Going Galt(ish) looks better every day.
Nobody lied. The reduction in withholding was TEMPORARY, and everybody knew (or should have known) that it would expire unless action was taken to extend it. It should have risen last year instead of running another year so people could get used to it.
We were notified on the agency website, but no specific emails or anything.