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Mom Confessions Mom Confessions

if you were to lose 40-70 a paycheck, how serious would that affect you?

Posted by Anonymous   + Show Post
Effective January 1st, if nothing is done to fix it..we reach our fiscal cliff and taxes on everyone goes up..tax credits for 2013 will be smaller and becuae of changes to the payroll tax and a raise in social security payments, paychecks will be smaller by about 40-70 range.
Posted by Anonymous on Nov. 10, 2012 at 12:25 AM
Replies (31-40):
Anonymous
by Anonymous 7 on Nov. 10, 2012 at 12:40 AM
Some weeks yes , other weeks no.
etsmom
by Ruby Member on Nov. 10, 2012 at 12:40 AM

It would be a bit difficult but we would manage.

peaches_04
by Gold Member on Nov. 10, 2012 at 12:40 AM
It would sick but wed find away:(
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Firenygirl180
by on Nov. 10, 2012 at 12:40 AM

I wouldn't be getting paid anything.

Crazy-Steph
by Ruby Member on Nov. 10, 2012 at 12:40 AM
1 mom liked this
It's not really a hike, though. People should have known it was temporary.

Quoting Anonymous:

For a middle class family earning about 40k it would be a 2000 dollar tax hike
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Anonymous
by Anonymous 8 on Nov. 10, 2012 at 12:40 AM
Wouldn't affect me at all. Only because I get paid in cash. Now if my boss were to take $40 away from me then yeah I would be struggling.
Anonymous
by Anonymous 1 - Original Poster on Nov. 10, 2012 at 12:41 AM
They are calling it a hike. And many people probably forgot about it. I know I did and just got use to my paycheck. I will be fine but I know many people wont. Especially with how much everything costs.


Quoting Crazy-Steph:

It's not really a hike, though. People should have known it was temporary.



Quoting Anonymous:

For a middle class family earning about 40k it would be a 2000 dollar tax hike

smalltownmom03
by Platinum Member on Nov. 10, 2012 at 12:47 AM
Considering we just lost all of our income i would love to have a check for them to take an extra $40 out of.
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Luna091306
by on Nov. 10, 2012 at 12:50 AM

 We would feel it.

Luna091306
by on Nov. 10, 2012 at 12:53 AM

 When was the cut originally made? I know it was sometime under Bush.

Quoting Anonymous:

They are calling it a hike. And many people probably forgot about it. I know I did and just got use to my paycheck. I will be fine but I know many people wont. Especially with how much everything costs.


Quoting Crazy-Steph:

It's not really a hike, though. People should have known it was temporary.



Quoting Anonymous:

For a middle class family earning about 40k it would be a 2000 dollar tax hike

 

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