| Posted by | Message |
CajunAngele 
LSU Fan
Member since Oct 2012
5026 posts
| How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:11 am)
The Social Security tax withholding rate is expected to return to 6.2% after two years at 4.2%. So far neither party has expressed much interest in another extension.
For someone earning the 2011 median income of $50,054 that translates into $1,001.08 a year or about $40 less in a biweekly paycheck. Economists expect the increase will trim about 0.6 percentage point from growth in the first quarter of 2013.
To see how much more you will pay next year, input your annual pretax salary into the calculator and click “calculate.”
|
| Back to top | Share on  |
CajunAngele
LSU Fan
Member since Oct 2012
5026 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:26 am to CajunAngele)
So roughly $20 a week less in pay while all the mother frickers in government in both pathetic parties, got a pay raise.
I heard someone was introing a bill to stop their payraises.
YEAH RIGHT!!!
|
| Back to top | |
NC_Tigah
LSU Fan
Member since Sep 2003
40137 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:28 am to CajunAngele)
quote:
I heard someone was introing a bill to stop their payraises.
The budget deal just approved by Congress prevents the scheduled pay increase for members of Congress from going into effect in March.
|
| Back to top | |
Meauxjeaux 
Memphis Fan
I have 91k posts with all my alters
Member since Jun 2005
13000 posts
 Online
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:32 am to NC_Tigah)
That pay increase was just a faux throw away negotiating item o created to make it look like republicans got something out of the deal.
Genius.
|
| Back to top | |
CajunAngele
LSU Fan
Member since Oct 2012
5026 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:43 am to Meauxjeaux)
It's not genius when people are seriously struggling and are losing jobs and homes.
It's evil genius if he hates America.
|
| Back to top | |
Layabout 
UNO Fan
Baton Rouge
Member since Jul 2011
4463 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 8:47 am to CajunAngele)
quote:
For someone earning the 2011 median income of $50,054 that translates into $1,001.08 a year
That's household income. Individual income is about half of that.
|
| Back to top | |
BestBanker 
New Orleans Saints Fan
stuck in a moment
Member since Nov 2011
1651 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 9:06 am to CajunAngele)
Did the employer's part also go away for this same time period? If so, my tax more than doubles on it's reengagement.
|
| Back to top | |
Layabout
UNO Fan
Baton Rouge
Member since Jul 2011
4463 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 9:17 am to BestBanker)
quote:
Did the employer's part also go away for this same time period?
No, but self-employed people got the reduction on the employee share.
|
| Back to top | |
tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
4435 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 9:38 am to CajunAngele)
A little more then $2k for my wife and I
|
| Back to top | |
UncleFestersLegs
Columbia MO
Member since Nov 2010
514 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 10:04 am to NC_Tigah)
quote:
The budget deal just approved by Congress prevents the scheduled pay increase for members of Congress from going into effect in March.
The pay freeze is a separate bill and will never get through the Senate.
|
| Back to top | |
Quidam65
Florida Atlantic Fan
Q Continuum
Member since Jun 2010
6748 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 10:11 am to CajunAngele)
$78 a paycheck and I get paid every two weeks (or 26 times a year) so I will be out a little more than $2,000/year.
|
| Back to top | |
pleading the fifth 
Louisville Fan
Member since Feb 2006
982 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 10:28 am to CajunAngele)
$189 monthly - the cap is still in place, right?
|
| Back to top | |
Me
New Orleans Saints Fan
Omaha
Member since Oct 2003
2303 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 10:48 am to Quidam65)
Just got my first pay stub. $55 more in taxes. They don't waste any time taking more out.
|
| Back to top | |
udtiger
LSU Fan
Louisiana
Member since Nov 2006
18034 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 10:56 am to CajunAngele)
About 2300 more
|
| Back to top | |
ForeverLSU02 
Penn Fan
Albany
Member since Jun 2007
20837 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 11:16 am to CajunAngele)
Almost $80/paycheck (every 2 weeks). This blows 
|
| Back to top | |
jmarto1
LSU Fan
Houma, LA
Member since Mar 2008
10046 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 12:27 pm to CajunAngele)
Did anyone else's OASDI go up? Mine went up $30/check which accounts for $90 a month for me before these new taxes.
|
| Back to top | |
CajunAngele
LSU Fan
Member since Oct 2012
5026 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/2/13 at 2:18 pm to Quidam65)
Remember Obama's fake #My2K? He lies about everything.
Obama’s #My2K Twitter Conversation Was A #Fail « CBS Chicago
White House's #My2K fails, most Americans see tax hike
|
| Back to top | |
CajunAngele
LSU Fan
Member since Oct 2012
5026 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/3/13 at 6:52 am to jmarto1)
See my last post. This will be how Obama blames the republicans. He will say they did it, when it is what Obama wanted to do all along.
|
| Back to top | |
Zach
LSU Fan
Member since May 2005
55376 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/3/13 at 11:32 am to CajunAngele)
My wife's check just came in. $40 reduction ..paid twice a week = 82 per month = almost 1K per year.
|
| Back to top | |
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63208 posts
| re: How Much More Will Your Payroll Tax Be in 2013? (Posted on 1/3/13 at 11:35 am to CajunAngele)
The payroll tax reduction should never have been passed in the first place. It had zero effect on improving the economy and it only made the medicare, medicaid and social security problems worse.
This post was edited on 1/3 at 11:52 am
|
| Back to top | |
