More Money in Paychecks? | Miki's Hope

More Money in Paychecks?

Thursday, January 6, 2011

I got the official word from the accountant I work with today. The employee portion of Social Security is being reduced from 6.2 % to 4.2%.  So if you see a tiny bit more money in your paycheck--------For every 100.00 you make before taxes come out--you should see an add'l $2.00---that is unless your state decides to withold more!!  The thought for the day--What the Federal government gives--the States take back!!!!
Oh well-----

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Sheri Carpetenter said...

Well it would be nice. I am glad Tennessee doesn't do state tax!!

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