Companies are rushing to describe the impact of higher Social Security taxes that took effect in January. They paint a bleak picture.
Payroll Tax Increase Weighs on Consumer Spending - ABC News
Does it seem like your paycheck has gotten smaller? It has: 2 percent smaller, in fact, than it was in 2011 and 2012. Back then, employees only kicked in ...
U.S. Consumers Hit By Payroll Tax Hike, Rising Gas Prices: Up ...
U.S. consumers have seen better days. The expiration of the payroll tax holiday earlier this year has taken a 2% chunk out of weekly earnings – a big hit ...