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Discussion in 'The Okie Corral' started by akapennypincher, Jan 30, 2013.
Plain and simple
I'd you disagree, cite your source.
No problem, give him my contact info via this site. BTW- You need a smarter CPA ...or at least one who knows what is going on.
Same exact thing happened to me. Got a raise in late November 2012, and after the social security increase in January 2013, I now make 3 dollars less than I made before I got the raise.
in other words, obama raised the fica tax.
if gas costs $4/gal last year, went down to $3/gal this year, then goes back up to $4/gal; did the gas prise rise or just go back to the normal price?
I just re-read most of the thread and I get where you are coming from. I guess your point is that for wage earners the only .gov tax change they would see so far this year is the 2% thing. That's great and all but it's gets bad from here on out.
ETA - and some of us are paying at a new and higher rate. I assure you I know what I'm talking about.
I haven't had a raise in 6 years. In fact, I've had about a 6% pay cut in that time. Luckily, my wife works for a good company and has had about 8-10% annual raises for the past 8 years.