I'm sure as the next few weeks go by, the grumbling about a decrease in monthly income will become more and more prominent.

 

So just curious? Mine is a hefty dent not including my wife's income. We will have to restructure some of our spending and saving and to keep the saving part active, cut back on something.

Maybe I can cut back on property tax payments (j/k)...

But I will say a lot of people will be cutting back on vacations and trip planning this year... Welcome 2013!

I got a promotion at work, and along with it a raise, so it'll be hard for me to determine the difference from 2012 to 2013. I'm definitely curious if I'll see any difference when I get paid on the 15th.

Who knows until the 15th! Ignorance is bliss

Cant wait to see how much less i make. Might have to buy fewer guns

Mine was so bad I didnt notice a 5k raise.. I actually make less now then I did previously

I figured i have to cut out my monthy Verizon Fios bill (approx $140) to make up the difference for my monthly decrease... And then our AT&T wireless bill (approx $140) would have to go for the wife's cut in take home...

I wonder if the government will start paying for my tv? And my AT&T wireless bill (no thanks on the Obama phones)? Where can I go apply for this federal government support? Ha

At least $300 a month.

Saw atleast 7% decrease on the paycheck compared to the last one in 2012. I dont pay much attention to things, so not sure if this is related to any adjustments in the beginning of the year. The second check will confirm the story.

Are you all speaking of the2% FICA increase, or are some of the less discussed changes in tax provisions taking a bite out of your bottom lines?

Are you all speaking of the2% FICA increase, or are some of the less discussed changes in tax provisions taking a bite out of your bottom lines?

 

I'm talking about the SS (FICA) increase.

The one that could have been probably sourced money from other wasteful government entitlement programs to help fund itself ... But instead he federal government decided to spend billions more yet again and borrow more..and then reconstitute the old tax rate of FICA.... What a crock.

 

Yes I'm slightly ticked. Cost of living isn't cheap and now this happens... Ugh

I will have to stop flying to Hawaii with the inlaws on the taxpayer tit every chance I get!!!

Actually moving up to probably10 vacations a year and more money comming in, but hey, when traveling and vacationing is something you like to do and can make money doing it, why not. LOL

I'm self-employed, so I'll find out how much this fiasco has cost me in 2014.

How do some of you already know whats increased in taxes from your paycheck? Like most I wont have a clue till the 15th... thank god I got promoted last week! First real promotion and now this tax hike...

 

 

im confused, because to me its only like 110 a month less than last year. Unless i got an unexpected raise you guys must make some really good money to be 300 different a month or not notice a 5k raise. the 110 a month is only 1300 a year. So im hoping when i see my stub later i see an unexpected raise.

 

Does it make a difference for the fact that this check period was partially in 2012?

My take home is up quite a bit.

I've been at a refinery that had a contract so we only got paid 95% of our rate. On 1/1/13 our new contract started so I'm at 100%. So I may not drop in pay.

I got my standard 2.5% raise and a bonus :unknw:

Find out when I get paid in a week.

I'm still looking for work so I got ugats. LOL

 

I do hope all those under paid and over worked union guys that voted for Barry can handle the math to figure out how much they screwed themselves. Apparently from what I have read everyone making over $40k just got it in the rump. So much for those evil "Bush tax cuts for the rich". ;-)

Increased healthcare, another round of concessions. Choosing food over bullets this year.

Increased healthcare, another round of concessions. Choosing food over bullets this year.

 

So your screenname will come true

I'm still looking for work so I got ugats. LOL

 

I do hope all those under paid and over worked union guys that voted for Barry can handle the math to figure out how much they screwed themselves. Apparently from what I have read everyone making over $40k just got it in the rump. So much for those evil "Bush tax cuts for the rich". ;-)

 

I don't know if thats true unless its because i still claim single zero. I make over that and i see $26 a week difference from last year. not horrible. And i got my stub, no raise.

$40 a week less for me. Other guys I work with say they got hit harder but they make less than me so it doesn't make any sense. I lost $62 dollars a week in Social security taxes last year now it's $99 and change. Plus my union dues went up a $1.50. Ugh.

I took a big hit as well. Looks like about $65 a week will be the average loss for me in 2013. Man this really sucks.

 

I got a tiny raise back in september of $0.66 an hour, then union dues went up and now this.

I get my last contractual bump in march so my salary will increase. So I know there would be a difference but not sure how much

$40 a week less for me. Other guys I work with say they got hit harder but they make less than me so it doesn't make any sense. I lost $62 dollars a week in Social security taxes last year now it's $99 and change. Plus my union dues went up a $1.50. Ugh.

I took a big hit as well. Looks like about $65 a week will be the average loss for me in 2013. Man this really sucks.

 

I got a tiny raise back in september of $0.66 an hour, then union dues went up and now this.

 

Did you at least get a nice Hawaiian postcard from Barry and Michelle thanking you for your all your union dues that were contributed towards helping them keep that big mansion, cool private jet and helicopter along with that great vacation plan replete with armed guards and armored limousines? LOL Sorry guys, I feel bad for you but I just couldn't help myself.

I'm too PO' to notice

 

Here is the thing... it should be 2% decrease on less than 110k.... HOWEVER....

 

Your employer likely did not have enough time to know.... so they assumed we were going to lapse and go back to old rates, as such, they likely over estimated the amount to withhold, however that should correct.

 

For most people, it should only be a 2% cut in paycheck, from the expiration of the payroll holiday in SS tax.

 

Any other increases, such as medical insurance, etc... would come at the time your company does open enrollment and renewals.

Don't forget the SUI tax starts over again, so that will be a little less out of each check for the next 6-8 months or however long it takes to max out.