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.
at 9:46:00 AM

2 comments:

  1. JosiahJanuary 1, 2013 at 10:16 AM

    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.

    ReplyDelete
  2. AnonymousJanuary 1, 2013 at 2:13 PM

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

    ReplyDelete

Subscribe to: Post Comments (Atom)