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Monday, January 7, 2013

Tax holiday


It seems that many, if not most, Americans are comfortable with increasing the taxes on higher income Americans.  An under reported fact is that the tax holiday of 2009 has expired and payroll taxes have returned to 6.2%.  Up from 4.2%.

 
It will be interesting to see reactions of the 98% when they see their first paycheck in 2013. 
Posted by Tom at 7:18 AM

2 comments:

  1. UnknownJanuary 9, 2013 at 9:24 AM

    Also noteworthy is the fact that that 2% came from the "SS trust fund". This was not much mentioned.

    ReplyDelete
  2. UnknownJanuary 9, 2013 at 9:25 AM

    Also noteworthy is the fact that that 2% came from the "SS trust fund". This was not much mentioned.

    ReplyDelete

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