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Social Security deduction for 1st check of 2013 (Vanity)

Posted on 01/08/2013 10:20:40 AM PST by crosshairs

I was wondering why my paycheck was so much less for the first check of the new year and started looking at the deductions and saw that the amount taken out for Social Security tax went up 50%. WTH! I guess we have to fund all the lazy bastards who have gone on SSDI in the last year.


TOPICS: Your Opinion/Questions
KEYWORDS: vanity

1 posted on 01/08/2013 10:20:44 AM PST by crosshairs
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To: crosshairs

They ended the “payroll tax holiday”, which was a stupid political gimmick that damaged the solvency of Social Security quite a bit. So that increase is OK...it’s income tax in general that remains way too high.


2 posted on 01/08/2013 10:23:18 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: crosshairs

Don’t worry. They’re keeping it in your account for you.


3 posted on 01/08/2013 10:25:16 AM PST by Rio (Tempis Fugit.)
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To: crosshairs

The so called “payroll tax holiday” (4.2% your portion) expired.

The current rate (6.2% your portion) is what it was before.

The employer’s portions was never part of the “holiday”.


4 posted on 01/08/2013 10:27:34 AM PST by svcw (Why is one cell on another planet considered life, and in the womb it is not.)
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To: crosshairs
Of course Romney detailed this during the debates. Low Information Voters should be the only people truly surprised.

I just love that phrase Low Information Voters.

5 posted on 01/08/2013 10:28:05 AM PST by ImJustAnotherOkie (zerogottago)
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To: Mr. Jeeves

For wage earners, it went BACK up to 6.2% from the 2% less ‘holiday’ Obama gave his voters (he wanted only to give it to THE BARRACK, but had to do it for every wage earner)....that is back up to 6.2% now, double for self-employed people (usually not THE BARACK).

Technically not a tax but an insurance contribution and thus an ‘off-the-top’ deduction from every paycheck. For most of THE BARACK is is the only Federal deduction from their paychecks because they mostly don’t pay any Federal INCOME tax at all. Barack and the Media and even some RINO fools call it “payroll taxes” because they think it gives THE BARACK in this country the idea they really pay their fair share of actual ‘taxes.’ They actually largely get more money than they paid in on Federal Income Taxes because of that whopping big ass EITC check they get every year.


6 posted on 01/08/2013 10:29:32 AM PST by Gaffer
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To: Rio
"Don’t worry. They’re keeping it in your account for you."

Seriously laughing out loud in my office right now.

7 posted on 01/08/2013 10:30:51 AM PST by Mich Patriot (PITCH BLACK is the new "transparent")
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To: crosshairs

Where have you been?

The temporary tax holiday expired. Not to be snarky, but everybody not living under a rock should have been aware of that.


8 posted on 01/08/2013 10:31:26 AM PST by SandyInSeattle (2 Corinthians 4:8)
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To: crosshairs

Yep the Payroll Tax Holiday of 2011 & 2012 ended at midnight on Dec. 31, 2012. Your rate went back up to the normal rate of 6.2% from the tax holiday rate of 4.2%.


9 posted on 01/08/2013 10:32:20 AM PST by deport
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To: ImJustAnotherOkie
"I just love that phrase Low Information Voters."

I joust quite a bit with liberals on other discussion boards. Many of them are very well informed, but I consider them to be "Low comprehension voters".

10 posted on 01/08/2013 10:32:31 AM PST by Baynative (Those that work for a living are now outnumbered by those that vote for a living.)
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To: crosshairs

Someone has to pay for my $18.00/month increase!

After all, the Trust Fund has already been raided.


11 posted on 01/08/2013 10:34:57 AM PST by TomGuy
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To: Baynative

I see. They stick a Q-Tip in one ear and it comes out the other side.


12 posted on 01/08/2013 10:35:53 AM PST by ImJustAnotherOkie (zerogottago)
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To: crosshairs

But, but we wuz promised the SS system was fully funded and needed not increases back in 1964!

Here is what they said from the SS web site.

http://www.ssa.gov/history/ssa/usa1964-2.html

Self-Supporting

“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.

Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”

And here is where your money went! READ AND WEEP!

http://www.socialsecurity.gov/OACT/ProgData/fundFAQ.html#n4


13 posted on 01/08/2013 10:38:32 AM PST by Ruy Dias de Bivar (GUNS.. the rightful property of freemen, and formidable only to tyrannical governments.”)
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To: Baynative

“I just love that phrase Low Information Voters.” I like F*CKIN Idiots and Leeches better.


14 posted on 01/08/2013 10:38:49 AM PST by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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To: Gaffer
Barack and the Media and even some RINO fools call it “payroll taxes”

Ha! No kidding. In the age of calling many things "investments" that are not, shouldn't this "tax" actually be called an investment? Even though nothing is really invested, just IOUs written for your future retirement.....
15 posted on 01/08/2013 10:39:52 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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To: US Navy Vet

The new rate was applied to my last check (issued in 2013) which was for the last 2 weeks of 2012... is that right?? Just wondering.


16 posted on 01/08/2013 10:41:44 AM PST by CygnusXI (Im back!)
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To: CygnusXI

That doesn’t sound right. It should not have kicked in until the first of this year (2013).


17 posted on 01/08/2013 10:44:39 AM PST by TheRhinelander
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To: ImJustAnotherOkie

They should change welfare, unemployment and food stamps to the LIVE Act. (low information voter entitlement) Act.


18 posted on 01/08/2013 10:51:41 AM PST by EQAndyBuzz (Want freedom? Think WWRRD? Then do it.)
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To: CygnusXI

Yep mine(and my wife’s too).


19 posted on 01/08/2013 10:52:20 AM PST by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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To: Mich Patriot
"Don’t worry. They’re keeping it in your account for you."

Bwah-hahahahahah!!! My laff-of-the day so far!

20 posted on 01/08/2013 10:58:01 AM PST by DJ Frisat ((optional, printed after my name on post))
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To: crosshairs

How odd that a totally unsustainable tax break that affects just about every wage earner should expire right after the election. /s


21 posted on 01/08/2013 11:05:03 AM PST by Stosh
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To: crosshairs

Not to worry.

It’s in AlGore’s lockbox.........


22 posted on 01/08/2013 11:09:28 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: Rio
They’re keeping it in your account for you.

The money's safely stored in a lockbox.

23 posted on 01/08/2013 11:11:05 AM PST by Night Hides Not (The Tea Party was the earthquake, and Chick Fil A the tsunami...100's of aftershocks to come.)
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To: US Navy Vet

Grr. Checked with HR. It goes by date check was issued (when you were paid) not by when work was done. F-in gov lol


24 posted on 01/08/2013 11:20:49 AM PST by CygnusXI (Im back!)
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To: TomGuy

wow Tom...you get an extra $18.00....I will be getting an extra $8.00...

but my best friends son is collecting over $5,000. A MONTH and he is just 44 years old...says he has a bad back and oh yes...he had skin cancer, now healed but still..he had cancer!!! so he will laugh all the way to the bank and still do his electrician career work under the table...

yep...it destroyed his mother and my friendship of almost 50 years!!!!


25 posted on 01/08/2013 11:40:25 AM PST by haircutter
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To: haircutter

sounds like he is committing fraud

I would have no problems turning him in.

If you have any sympathy you could warn him you are going to do it, but I have none for criminals.


26 posted on 01/08/2013 11:43:51 AM PST by Mr. K (There are lies, dammed lies, statistics, and democrap talking points.)
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To: Night Hides Not
"The money's safely stored in a lockbox"

And the lock box is camouflaged...

27 posted on 01/08/2013 11:46:32 AM PST by Mr. K (There are lies, dammed lies, statistics, and democrap talking points.)
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To: Mr. K
already tried...
they told me to contact Congressman in his area!!! lol

also at one time I called Medicare about services charged to my aged mother,that she did not need nor receive.. they also told me to contact Congress..wonder if that is what all departments are told to tell people who complain?????

28 posted on 01/08/2013 11:49:46 AM PST by haircutter
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To: CygnusXI

Yes, it will be 2013 earnings.


29 posted on 01/08/2013 12:03:22 PM PST by NEMDF
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To: Rio

Algore can build a helluva lockbox with all his new found oil money.


30 posted on 01/08/2013 12:13:33 PM PST by TurboZamboni (Looting the future to bribe the present)
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To: crosshairs
Don't worry it's in a lock box just waiting for you unless they can kill you off with Obama care first.
31 posted on 01/08/2013 12:21:03 PM PST by KSCITYBOY
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To: CygnusXI

Yepper. It’s the check issue date.


32 posted on 01/08/2013 3:09:12 PM PST by ataDude (Its like 1933, mixed with the Carter 70s, plus the books 1984 and Animal Farm, all at the same time.)
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