And Your First Paycheck of the Year is.....
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Anonymous
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Thanks 16:41.
Some of you need to start looking a little more closely at your paystubs. There are other deductions that you may have maxed out toward the end of last year that are starting up again for 2013. And 16:36? Call me when you turn 65. I'm pretty sure you'll be on Medicare. |
Anonymous
cutting your monthly expenses to fit your new HHI that was what it should have been all along? MOST spend to their maximum ability. And when those paychecks went up a couple years ago (tax CUT), they spent the money rather than saved it. So now they are pissed (blaming a tax HIKE, when the reality is that this is where their taxes were previously). But most spend on things they don't need to. There are ALWAYS ways to trim back budgets. We make in the low-6 figures, and we are constantly looking for ways to be better about our spending habits and increase our savings. |
Anonymous
| FICA limit went up from 110K to 113.7K in 2013, so people with higher incomes will now pay additional 6.2% on 3.7K as well. |
Anonymous
| Lets see.... Moved from fairfax to Montgomery. Now I'm paying higher state taxes and the piggy back county tax. My car is an 04, so my personal property was next to nothing. And then factor in the 2% and the increase in health care. My check went down about $300 from this pay cycle last year. I knew it was going to be bad, but not this bad. |
Anonymous
| funny how all these people with jobs are crying over 2% while there are some many people that are jobless and wish they had some income...2% decrease and all. |
Anonymous
| We're losing $239 a month. It sucks. |
Anonymous
| The rich starts at 450k and this tax hike affects those under that. They should make the payroll deductions permanent under 450k. Someone should start a petition |
Anonymous
wrong, 450k is rich, it's the law. |
Anonymous
| I am missing the holiday, for sure, on my salary of almost 70K. However, I am happy to pay SS to assist the most needy and vulnerable in our society, many of whom paid into the pot for 40+ years themselves. |
Anonymous
You're being totally disingenuous. For three years (two years of the payroll tax, one year with make work pay), payroll taxes have been lower. Now they are higher. You can argue that it was only a "holiday" and you would be right. But it is similarly true that the "holiday" was intended to put more money into people's paychecks so they'd spend more and stimulate the economy. Naturally, people become accustomed to having that additional money. It's been more than 1,000 days now since taxes were at a higher level. So it's understandable that people are surprised and complaining a bit. I can't remember what my paycheck was like 1,000 days either. Can you? |
Anonymous
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Actually, come to think of it, it's been more four years (two years make work pay, two years of payroll tax cut) and 1,400 days.
Yeah, it's a tax hike. |
Anonymous
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yet, no one talks much about the tax CUT we got 4 years ago. But we can no longer starve that fund, either.
It's a crap scenario all around, but it isn't wrong to point out that this is just going back to the rates that had been in place in the not too distant past. Much like the damn tax rates that people were and are bitching about for the top tax bracket. This is the same roundabout argument about the distribution of wealth and percentage of taxes paid by these segments. |
Anonymous
Your solution is that only income over $450,000 is taxed to find the social security trust fund? OK then. Any other idiocy you'd like to propose? |
Anonymous
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TOTAL HOUSEHOLD INCREASED TAX BURDEN: $3674 in 2013 or $306 a month
+ Raise : $22,000 - Wife going PT at work: - $12,000 - Tax increase: $3674 - Nanny costs going up: - $2000 + Paying off cars with bonus: $7800 ------------------------------------------ Net: +$12K |
Anonymous
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You're being totally disingenuous.
For three years (two years of the payroll tax, one year with make work pay), payroll taxes have been lower. Now they are higher. You can argue that it was only a "holiday" and you would be right. But it is similarly true that the "holiday" was intended to put more money into people's paychecks so they'd spend more and stimulate the economy. Naturally, people become accustomed to having that additional money. It's been more than 1,000 days now since taxes were at a higher level. So it's understandable that people are surprised and complaining a bit. I can't remember what my paycheck was like 1,000 days either. Can you?" NP here. You honestly can say that you didn't think that payroll taxes would go back to their norm? That's disingenuous |