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Started By
Message
Social security tax
Posted on 1/24/11 at 9:15 pm
Posted on 1/24/11 at 9:15 pm
I know the rate is dropping from 6% to 4% for employees. I heard also that the federal tax rate was increased. Is this true? And if so, does that mean it is basically a wash and we will see no difference in take home pay?
I would love to know the answer to this. Thanks for your help.
I would love to know the answer to this. Thanks for your help.
3
Posted on 1/24/11 at 9:24 pm to whiteside
quote:
I heard also that the federal tax rate was increased. Is this true?
Nope, federal rates are unchanged for 2011 and 2012 per the latest tax cut agreement.
Posted on 1/24/11 at 9:27 pm to whiteside
quote:
Social security tax
Wish they'd let us opt out. I'll likely never see any returns from my Social Security input.
Posted on 1/25/11 at 9:11 am to whiteside
Basically many people got a 2% raise this year in take home pay.
Posted on 1/25/11 at 10:37 am to Catman88
Thanks
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