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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 (41-50):
momo3fgr8tteens
by Ruby Member on Nov. 10, 2012 at 12:56 AM

I only get paid once a month so not that much. Im sure there are people who feel differently though. 

mama_cullum
by on Nov. 10, 2012 at 12:57 AM
It will hurt is real bad.
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LamiavitaDivina
by on Nov. 10, 2012 at 12:57 AM
That amount isn't a big deal to me.
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Anonymous
by Anonymous - Original Poster on Nov. 10, 2012 at 12:58 AM
I think in 2008 or so? Obama extended it once.


Quoting Luna091306:

 When was the cut originally made?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


 


mattiehatter
by Mary on Nov. 10, 2012 at 1:00 AM
Not horrifically (sp?) , but it would make things a wee bit tighter.
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roardiva
by on Nov. 10, 2012 at 1:01 AM
This.

Quoting tennisgal:

I would be royally PISSED but it wouldn't make or break us. 

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ashleighmama
by Silver Member on Nov. 10, 2012 at 1:02 AM
We would be fucked!
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Anonymous
by Anonymous on Nov. 10, 2012 at 1:03 AM
It honestly wouldn't be that big of a deal. I spend that much, if not more on other random bs that I want to buy for my enjoyment lol.
Karasfirst
by on Nov. 10, 2012 at 1:05 AM
My dh gets paid once a month so we would be ok. He also gets VA disability from serving overseas and that's all tax free.
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Luna091306
by on Nov. 10, 2012 at 1:13 AM

 Yeah honestly I'm not too excited about it. :(

Quoting Anonymous:

I think in 2008 or so? Obama extended it once.


Quoting Luna091306:

 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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