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Social Security tax increase?


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I'm posting this here because I don't feel like a con vs lib/rep vs dem discussion on the matter.

Jon's most recent paycheck was $16 less than all the previous for a flat 80 hours. Comparing this one with the last 80 hour check showed that the entire $16 came from an increase in the FICA SS tax.

What's the factual story behind this tax increase, if you know? I'm not finding anything specific with a google search.

Thanks. If you want to have a political discussion about this, feel free to start your own thread in the appropriate forum.

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I'm posting this here because I don't feel like a con vs lib/rep vs dem discussion on the matter.

Jon's most recent paycheck was $16 less than all the previous for a flat 80 hours. Comparing this one with the last 80 hour check showed that the entire $16 came from an increase in the FICA SS tax.

What's the factual story behind this tax increase, if you know? I'm not finding anything specific with a google search.

Thanks. If you want to have a political discussion about this, feel free to start your own thread in the appropriate forum.

from what's been posted at my work, fica was lowered to 4.2% a while back, and now that the tax breaks are set to expire, it's going back to 6.2%.

that's what they're telling us at work anyway...

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