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04:17 AM
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Obama's new Payroll Tax increase is crashing US economy REAL-TIME! Secret Walmart memo shows worst February in 7 years!
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 33832742:MV8yMTQxMzg5XzM2MTYwNzA4X0QzQTYwNjlE] [quote:Anonymous Coward 529006:MV8yMTQxMzg5XzM2MTYwMzgzXzhCQTRGREMx] It is not a new payroll tax. It is just the end of a temporary tax cut, but I bet you know that. [/quote] I'm sure the pee-ons feel better about having less money in their wallets knowing that. Oh wait. I'm one of those pee-ons, I'm still dealing with the bullshit from Artificial Storm Sandy, and I think it just fucking sucks. [/quote]
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[
link to www.bloomberg.com
]
Wal-Mart and discounters such as Family Dollar Stores Inc. are bracing for a rise in the payroll tax to take a bigger bite from the paychecks of shoppers already dealing with elevated unemployment. The world’s largest retailer’s struggles come after executives expected a strong start to February because of the Super Bowl, milder weather and paycheck cycles, according to the minutes of a Feb. 1 officers meeting Bloomberg obtained.
Murray’s comments about February sales follow disappointing results from January, a month that Cameron Geiger, senior vice president of Wal-Mart U.S. Replenishment, said he was relieved to see end, according to a separate internal e-mail obtained by Bloomberg News.
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