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Wednesday, January 2, 2013

Social Security Payroll Tax: Gotcha !

Despite fiscal cliff deal, taxes to rise for most Americans

"...That's because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from expiring. In 2012, that 2-percentage-point cut in the payroll tax was worth about $1,000 to a worker making $50,000 a year...."    

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