Beware your first 2013 paycheck

[snacksnack]

Wife did payroll today. It's several house payments worth.

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Well if her math is anything like yours I hope you have someone else go over it!

[SonicblueGT03]

Another 10% raise FTMFW! Should offset that tax increase nicely. And since I'm turning 50 this year, I get to take advantage of the "Catch Up" 401k contribution. Bring on the pre-tax deductions.

[emg]

I was wondering why my check was $140 smaller than I expected.

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[dcs13]

Gotta pay for that 99 weeks on unemployment or the "newly" disabled... THink of it like you adopted one of those folks..that should make you feel better.

[asphaltjunkie]

This shit blows. I make a ballin' 7.25/hr, I took home @$271 last week with 39hrs....this week, same amount of hours, WITH 8hrs of holiday pay, my check was only @$281. 10 more fucking dollars. Are you fucking kidding me? My taxes jumped from %10 to %22!! I was paying %22 back when I was making $14/hr....this shit makes no sense. Guess I need to go sign up to drive a train so I won't have to worry about this kind of crap

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[Broncojohnny]

We all have to support the Ponzi scheme called social security.

[helosailor]

Yep, if the shortage of this paycheck holds, I'll be around $2100 light this year.

[Chopped54]

If you are making $250k a year it should effect your paycheck by about $415 a month.

Now for DFWMs its going to be about $1660 a month for a majority of its members....

Wife did payroll today. It's several house payments worth.

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Damn, how much is your house payment, $400????

[A+]

We the tax payers have to pay for his high dollar vacation somehow.

we have to pay for all these motherfuckers vacations! So it something around $600 a year for people who make 30k, right. You guys with the sand in yalls vag, how do you think i feel?! Im the 2%

[mikec]

This article has all kinds of neat charts showing the impact.

"Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal"

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html

[The King]

I thought I heard they were extending the bush tax cuts for now?

The Social Security payroll tax holiday wasn't a Bush tax cut. It was a creation of obammy.

[Roscoe]

This article has all kinds of neat charts showing the impact.

"Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal"

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

http://www.dailymail.co.uk/news/arti...scal-deal.html

Those are some painful charts....

[Vertnut]

If you are making $250k a year it should effect your paycheck by about $415 a month.

Now for DFWMs its going to be about $1660 a month for a majority of its members....




Damn, how much is your house payment, $400????

Maybe over the course of the year?

I DO know that $400 a month is a pretty decent car payment, and my accounts will notice the difference.

[Broncojohnny]

This article has all kinds of neat charts showing the impact.

"Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal"

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

http://www.dailymail.co.uk/news/arti...scal-deal.html

Imagine what would have happened if they let the Bush tax cuts that were "just for the rich" expire!

[ELVIS]

i still can get the free cell phone though right????

god bless.