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!!