The Battle Over Federal Employees’ Payroll Taxes

Snippet of Article: "...Federal employees who make less than $104,000 annually will see bigger paychecks starting this month and lasting through the end of the year. The 6.2% payroll tax will be deferred from eligible federal employees’ paychecks until the end of the year..."

Source: www.fedsmith.com

Social Security Payroll Tax, Payroll Taxes, Taxes,

You just took a big pay cut, no matter how they want you to look at it

Article Title: Obama Already Getting Flak for the Payroll Tax Hike

Snippet of Article: "...Obama described the bill as “preventing a middle-class tax hike” that could have hurt families and sent the country back into a recession; that is true, but it allowed another middle-class tax hike that could have the same effect. He also said that middle-class families “will not see their income taxes go up.” That is false, unless one goes along with the idea — and most of Washington does — that payroll taxes, which are on income and levied by the federal government, are not federal income taxes...."

Source: www.nationalreview.com