What do you think of the politicians that are going to take an additional 2 percent of your gross wages as of 1/1/13?
The expiring tax law had reduced the FICA withholding from your paycheck from 6.2 percent to 4.2 percent of your gross wages. If we go over the cliff, the rate returns to 6.2 percent. Your paycheck is going to get smaller immediately. And it’s not anything you can get refunded or you will ever see until you get to draw social security. How’s that make you feel about the politicians in the House and Senate? As always humor appreciated.