View Single Post
Old January 29, 2013, 12:38 PM   #34
Vanya
Staff
 
Join Date: July 7, 2008
Location: Upper midwest
Posts: 3,859
Quote:
Originally Posted by BigDinFL
Most do not realize how many locales raised a LOT of tax rates effective January 1, including a new Federal payroll tax to fund Obamacare.
The "increase" in the payroll tax wasn't a "new" tax; it wasn't actually an increase, either, but rather reflected the expiration of a temporary reduction in the payroll tax that was enacted at the end of 2010, as a way to help middle- and lower-class workers in hard times.

See this article from Forbes.
__________________
"Once the writer in every individual comes to life (and that time is not far off), we are in for an age of universal deafness and lack of understanding."
(Milan Kundera, Book of Laughter and Forgetting, 1980)
Vanya is offline  
 
Page generated in 0.04366 seconds with 7 queries