Welcome to the Fiscal Cliff. Just received this notice from payroll dept... | |
Anonymous Coward User ID: 1513486 United States 12/05/2012 01:15 PM Report Abusive Post Report Copyright Violation | Important changes to your tax withholding amounts effective January 1, 2013 Quoting: Anonymous Coward 25720208 The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that was signed into law in December 2010 will expire on December 31, 2012. What this means to you: · The temporary 2% cut in employee Social Security withholding (from 6.2% to 4.2%) effective on January 1, 2011, will expire, and the rate will change back to 6.2%. · The Social Security wage base is increasing from $110,100 to $113,700, resulting in the maximum tax being increased from $4,624.20 to $7,049.40. · In addition, the Patient Protection Affordable Care Act of 2010 increases the Medicare part A payroll tax by 0.9% (from 1.45% to 2.35%) for all income above $200,000. Other possible changes effective January 1, 2013: Tax-related provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) also are set to expire on December 31, 2012 impacting Federal Income Tax withholding. What this means: · The 10% income tax bracket is eliminated; the lowest bracket will be 15%. The top four brackets will change as shown below. To: 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% · Optional flat rate tax on Supplemental Wages up to $1 million in a year increases from 25% to 28%. · Mandatory flat rate on Supplemental Wages over $1 million in a year increases from 35% to 39.6%. The information above reflects the legislation currently in effect. If the laws change, we will send an update as early as possible in January 2013. well... |
YaRight User ID: 1219589 United States 12/05/2012 01:28 PM Report Abusive Post Report Copyright Violation | |
Roobit User ID: 27674954 United States 12/05/2012 01:28 PM Report Abusive Post Report Copyright Violation | This is going to be a train wreck on top of the current one. These fools in DC play games and put a show on for everyone to see how passionate they are about the voters...... Dog shit I say! The assholes wont be affected one bit by these increases. It sickens me so much to see this going on... The Abyss stares back... Glp ping pong champ... |
Anonymous Coward User ID: 27430815 United Arab Emirates 12/05/2012 01:30 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1667343 United States 12/05/2012 01:32 PM Report Abusive Post Report Copyright Violation | |
flyingfish User ID: 22249303 United States 12/05/2012 01:49 PM Report Abusive Post Report Copyright Violation | Important changes to your tax withholding amounts effective January 1, 2013 Quoting: Anonymous Coward 25720208 The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that was signed into law in December 2010 will expire on December 31, 2012. What this means to you: · The temporary 2% cut in employee Social Security withholding (from 6.2% to 4.2%) effective on January 1, 2011, will expire, and the rate will change back to 6.2%. · The Social Security wage base is increasing from $110,100 to $113,700, resulting in the maximum tax being increased from $4,624.20 to $7,049.40. · In addition, the Patient Protection Affordable Care Act of 2010 increases the Medicare part A payroll tax by 0.9% (from 1.45% to 2.35%) for all income above $200,000. Other possible changes effective January 1, 2013: Tax-related provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) also are set to expire on December 31, 2012 impacting Federal Income Tax withholding. What this means: · The 10% income tax bracket is eliminated; the lowest bracket will be 15%. The top four brackets will change as shown below. To: 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% · Optional flat rate tax on Supplemental Wages up to $1 million in a year increases from 25% to 28%. · Mandatory flat rate on Supplemental Wages over $1 million in a year increases from 35% to 39.6%. The information above reflects the legislation currently in effect. If the laws change, we will send an update as early as possible in January 2013. Holy F***ing Sh** |
BRIEF User ID: 381742 United States 12/05/2012 01:53 PM Report Abusive Post Report Copyright Violation | |
ar-15 nut User ID: 1281306 United States 12/05/2012 01:57 PM Report Abusive Post Report Copyright Violation | |
IssueX User ID: 14348632 United States 12/05/2012 01:58 PM Report Abusive Post Report Copyright Violation | Now, is this video below a joke, or for real? People sure are out there stirring the shit with industrial sized mixers add a big dose of higher prices, lower wages, fewer jobs...and you have the ingredients for a violent backlash somewhere hope I'm wrong, but history disagrees... |
Anonymous Coward User ID: 19980561 United States 12/05/2012 02:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 961432 United States 12/05/2012 02:18 PM Report Abusive Post Report Copyright Violation | My husband and I believe that more 'full time' workers will be reduced to 'part time' before 2013 is over in order to head off the obamacare 'tax'. Quoting: tandym Well, Obamacare makes it really easy now for employers to eliminate employee benefits since the fines to pay for not insuring employees are cheaper that the employer contributions if they are part of the plan. Basically, Obama gave all these businesses a nice cost shift break to reduce their overhead in paying for health insurance. |
Renegade (Me too) User ID: 28510817 United States 12/05/2012 02:25 PM Report Abusive Post Report Copyright Violation | Important changes to your tax withholding amounts effective January 1, 2013 Quoting: Anonymous Coward 25720208 The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that was signed into law in December 2010 will expire on December 31, 2012. What this means to you: · The temporary 2% cut in employee Social Security withholding (from 6.2% to 4.2%) effective on January 1, 2011, will expire, and the rate will change back to 6.2%. · The Social Security wage base is increasing from $110,100 to $113,700, resulting in the maximum tax being increased from $4,624.20 to $7,049.40. · In addition, the Patient Protection Affordable Care Act of 2010 increases the Medicare part A payroll tax by 0.9% (from 1.45% to 2.35%) for all income above $200,000. Other possible changes effective January 1, 2013: Tax-related provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) also are set to expire on December 31, 2012 impacting Federal Income Tax withholding. What this means: · The 10% income tax bracket is eliminated; the lowest bracket will be 15%. The top four brackets will change as shown below. To: 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% · Optional flat rate tax on Supplemental Wages up to $1 million in a year increases from 25% to 28%. · Mandatory flat rate on Supplemental Wages over $1 million in a year increases from 35% to 39.6%. The information above reflects the legislation currently in effect. If the laws change, we will send an update as early as possible in January 2013. What are the tax brackets? How much earnings are required to fit in the below? 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% Anyone know? Who is John Galt? |
Renegade (Me too) User ID: 28510817 United States 12/05/2012 02:27 PM Report Abusive Post Report Copyright Violation | This is going to be a train wreck on top of the current one. These fools in DC play games and put a show on for everyone to see how passionate they are about the voters...... Dog shit I say! The assholes wont be affected one bit by these increases. Quoting: Roobit It sickens me so much to see this going on... Also, the takers (49%) do not care. They do not have to pay taxes. Who is john Galt? Who is John Galt? |
Anonymous Coward User ID: 2712120 United States 12/05/2012 02:36 PM Report Abusive Post Report Copyright Violation | C'MON!!!! WHERE ARE ALL YOU ASSHATS WHO VOTED FOR THIS *JERK* BECAUSE RO(Money) - soo clever - WAS GOING TO BE - SO BAD - FOR US!!! HE WOULD STEAL ALL OUR MONEY, AND HE WANTED TO SEE PEOPLE OUT OF WORK, BLAH, BLAH, BLAH. HE ONLY CARED FOR THE RICH, AND OBAMMY WAS GOING TO TAKE CARE OF US LOWLY JERKS.......NOTHING BAAAD WAS GOING TO HAPPEN. NOOOO, OBAMA WOULDN'T DO THAAAAT..... WHEN WILL YOU JERKS 'FESS UP THAT YOU *DID* GET THE BIG, DRY, SCREW JOB FROM O'ZERO AND THE DEMS. YES, I'M SCREAMING, YES, I'M ANGRY. DEAL WITH IT. YOU HAD THIS COMING. NOBODY WOULD LISTEN TO REASON, NOBODY WANTED TO HEAR THAT OBAMA WOULD BE LIKE A LITTLE DIC-K-TATOR, AND THINGS WERE GOING TO GET A WHOLE LOT WORSE AFTER HE WAS RE-ELECTED. NOW. DEAL. WITH. IT. |
bella1 User ID: 29131412 United States 12/05/2012 02:37 PM Report Abusive Post Report Copyright Violation | [link to www.forbes.com] Important changes to your tax withholding amounts effective January 1, 2013 Quoting: Anonymous Coward 25720208 The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that was signed into law in December 2010 will expire on December 31, 2012. What this means to you: · The temporary 2% cut in employee Social Security withholding (from 6.2% to 4.2%) effective on January 1, 2011, will expire, and the rate will change back to 6.2%. · The Social Security wage base is increasing from $110,100 to $113,700, resulting in the maximum tax being increased from $4,624.20 to $7,049.40. · In addition, the Patient Protection Affordable Care Act of 2010 increases the Medicare part A payroll tax by 0.9% (from 1.45% to 2.35%) for all income above $200,000. Other possible changes effective January 1, 2013: Tax-related provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) also are set to expire on December 31, 2012 impacting Federal Income Tax withholding. What this means: · The 10% income tax bracket is eliminated; the lowest bracket will be 15%. The top four brackets will change as shown below. To: 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% · Optional flat rate tax on Supplemental Wages up to $1 million in a year increases from 25% to 28%. · Mandatory flat rate on Supplemental Wages over $1 million in a year increases from 35% to 39.6%. The information above reflects the legislation currently in effect. If the laws change, we will send an update as early as possible in January 2013. What are the tax brackets? How much earnings are required to fit in the below? 25% to 28% 28% to 31% 33% to 36% 35% to 39.6% Anyone know? |
Anonymous Coward User ID: 29075625 United States 12/05/2012 02:37 PM Report Abusive Post Report Copyright Violation | The funny part about the election is: Example OH. The whole satate was red except for the city areas and that was enough to win him the election. All the libtards live around the citys. And that is where the riotswill start when things go bad. Being a libertarian I disagree with both side most of the time but the color blue is blind as a bat. Way to go Sheep Bahhhhhh |
mopar28m User ID: 14265444 United States 12/05/2012 02:40 PM Report Abusive Post Report Copyright Violation | My husband and I believe that more 'full time' workers will be reduced to 'part time' before 2013 is over in order to head off the obamacare 'tax'. Quoting: tandym My husband said last night he doesn't know how much longer he is going to have a job he just got in June. Work has slowed down substantially. Things are going to start getting very interesting very soon. vaccinefreehealth blogspot com The risk far outweighs any benefit as the risk will vary from child to child. facebook.com/graphixyourway |
Anonymous Coward User ID: 20901334 United States 12/05/2012 02:42 PM Report Abusive Post Report Copyright Violation | Milk the US Citizen slave for just a little more to pay for your WAR machine and the Federal Reserve Banking system You could demand lawful money per 12 USC 411 and avoid all of this, but that would require you do actually take a stand against all this. |
Deej User ID: 28887081 United States 12/05/2012 02:42 PM Report Abusive Post Report Copyright Violation | |
WAKEUPAMERICA01 User ID: 29066516 United States 12/05/2012 02:43 PM Report Abusive Post Report Copyright Violation | My husband and I believe that more 'full time' workers will be reduced to 'part time' before 2013 is over in order to head off the obamacare 'tax'. Quoting: tandym Yup! For Sure. WAKE UP AMERICA WAKE UP AMERICA "I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death." Thomas Paine, The American Crisis, No. 1, December 19, 1776 "Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it." Thomas Paine, The American Crisis, No. 4, September 11, 1777 "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President. "A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency." |
bendinglight User ID: 2143478 United States 12/05/2012 02:44 PM Report Abusive Post Report Copyright Violation | |
WAKEUPAMERICA01 User ID: 29066516 United States 12/05/2012 02:44 PM Report Abusive Post Report Copyright Violation | The funny part about the election is: Example OH. The whole satate was red except for the city areas and that was enough to win him the election. All the libtards live around the citys. And that is where the riotswill start when things go bad. Being a libertarian I disagree with both side most of the time but the color blue is blind as a bat. Way to go Sheep Bahhhhhh Quoting: Anonymous Coward 29075625 Pretty much the same all around the country with a few exceptions WAKE UP AMERICA WAKE UP AMERICA "I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death." Thomas Paine, The American Crisis, No. 1, December 19, 1776 "Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it." Thomas Paine, The American Crisis, No. 4, September 11, 1777 "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President. "A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency." |
Anonymous Coward User ID: 13289935 United States 12/05/2012 02:45 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2712120 United States 12/05/2012 02:45 PM Report Abusive Post Report Copyright Violation | The funny part about the election is: Example OH. The whole satate was red except for the city areas and that was enough to win him the election. All the libtards live around the citys. And that is where the riotswill start when things go bad. Being a libertarian I disagree with both side most of the time but the color blue is blind as a bat. Way to go Sheep Bahhhhhh Quoting: Anonymous Coward 29075625 Yes, I've often thought that too. That's why they are referred to as "useful idiots." Once the gov't is done with those "idiots," and they've served their usefulness, they don't really care WTH happens to them! Let them starve to death, let them riot and kill each other off. No problem. |
WAKEUPAMERICA01 User ID: 29066516 United States 12/05/2012 02:48 PM Report Abusive Post Report Copyright Violation | Rate Single Filers Married Joint Filers Head of Household Filers 10% $0 to $8,950 $0 to $17,900 $0 to $12,750 15% $8,950 to $36,250 $17,900 to $72,500 $12,750 to $48,600 25% $36,250 to $87,850 $72,500 to $146,400 $48,600 to $125,450 28% $87,850 to $183,250 $146,400 to $223,050 $125,450 to $203,150 33% $183,250 to $398,350 $223,050 to $398,350 $203,150 to $398,350 35% $398,350 and up $398,350 and up $398,350 and up Scenario 2: Tax brackets under the expiration of the Bush-era tax cuts for all Rate Single Filers Married Joint Filers Head of Household Filers 15% $0 to $36,250 $0 to $60,550 $0 to $48,600 28% $36,250 to $87,850 $60,550 to $146,400 $48,600 to $125,450 31% $87,850 to $183,250 $146,400 to $223,050 $125,450 to $203,150 36% $183,250 to $398,350 $223,050 to $398,350 $203,150 to $398,350 39.60% $398,350 and up $398,350 and up $398,350 and up Scenario 3: Tax brackets under the expiration of the Bush-era tax cuts for high-income Rate Single Filers Married Joint Filers Head of Household Filers 10% $0 to $8,950 $0 to $17,900 $0 to $12,750 15% $8,950 to $36,250 $17,900 to $72,500 $12,750 to $48,600 25% $36,250 to $87,850 $72,500 to $146,400 $48,600 to $125,450 28% $87,850 to $183,250 $146,400 to $223,050 $125,450 to $203,150 33% $183,250 to $203,600 $223,050 to $247,000 $203,150 to $227,300 36% $203,600 to $398,350 $247,000 to $398,350 $227,300 to $398,350 39.60% $398,350 and up $398,350 and up $398,350 and up WAKE UP AMERICA WAKE UP AMERICA "I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death." Thomas Paine, The American Crisis, No. 1, December 19, 1776 "Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it." Thomas Paine, The American Crisis, No. 4, September 11, 1777 "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President. "A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency." |
Corn Dog User ID: 28518686 United States 12/05/2012 02:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 29150548 United States 12/05/2012 02:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 27704375 United States 12/05/2012 02:54 PM Report Abusive Post Report Copyright Violation | |
Lady Jane Smith Forum Administrator User ID: 29151022 Ukraine 12/05/2012 02:56 PM Report Abusive Post Report Copyright Violation | When these idiots who voted for Obama (the ones with jobs & college students) get their checks in January & proceed to whine, I plan to rub their noses in it as hard as I can. No sympathy! Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Frater User ID: 1193197 United States 12/05/2012 02:56 PM Report Abusive Post Report Copyright Violation | Now everyone, take a breath and a step back. The politicians on both sides are going to play this in order to work you all up and then at the last minute will work something out to make themselves look grand. It's just a shell game inside a dog and pony show. Frater LVX! |