Monday, April 4, 2011

American Economy: "SOCIAL SECURITY PAYROLL TAX CUT"????

http://www.newswithviews.com/Nelson/kelleigh120.htm

Those of you still collecting a paycheck should have noticed an increase in what you took home starting in January of 2011. If you got a raise, you might not notice the difference. However, we did, and when my husband asked the payroll department at his company what caused the difference, all they could tell him was the tax rates were different. Of course I immediately wondered what was done, but could find no answers. Then my husband came across a small article in our local paper taken from the Wall Street Journal that told about the social security rate cuts for 2011.

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