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Reply to "My annual federal taxes went up $4200 overnight!"
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[quote=Anonymous][quote=Anonymous]I thought taxes were only being raised on wealthy - sorry, I know snark is coming, I have not been reading that closely. Will that affect someone who makes only 45k? What about less? Thanks [/quote] If you make $45,000 in wages, you'll pay $900 more in payroll taxes this year than you did in the previous two years. Some will argue, rightly, that you never really should have viewed that $900 tax break for the previous two years as a permanent benefit since it was always intended to be a temporary economic stimulus measure to help boost the economy.[/quote]
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