Anyone notice their paychecks were a bit smaller last week? That 2% increase in the Social Security tax comes out to about $80 a month for someone making $50,000 a year, or about a bag of groceries per week.

Plus, the tax hikes for Obamacare--passed in 2010 and conveniently delayed to hit after 2012--begin to hit. One Trillion over next decade. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.

The Obamacare Medical Device Tax
The Obamacare Flex Account Tax
The Obamacare Surtax on Investment Income
The Obamacare “Haircut” for Medical Itemized Deductions
The Obamacare Medicare Payroll Tax Hike

And here I thought it was Republicans who wanted to raise taxes on the middle class, and Dems only on millionaires and bazillionaires!! wink

Happy New year!! tongue