Tuesday, January 1, 2013

Guess What the Biggest Tax Increase in the 'Fiscal Cliff' Bill Is?

Surprise, it's the tax that will impact ALL wage earners.

A little over half of the tax hike next year will come from the expiration of the payroll tax cut, which affects every American worker.


  1. I couldn't figure it out. Obama said "The potential agreement that’s being talked about would not only make sure the taxes don’t go up on middle-class families,"

    And yet payroll taxes go up??? Then I realized it's like phony spending "cuts". Payroll taxes didn't go up they just aren't as low as they use to be.

  2. Rand should have been speaking up about this instead of opposing the payroll tax cut to begin with.