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new tax bill

Submitted by on Wed, 12/22/2010 - 02:00
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The new tax bill that will begin from Jan 1st is good or not. Any idea anyone ?


People who are employed will see a 2% reduction in their social security taxes, resulting in more $$$ in their paycheck. Unemployment benefits have been extended for those whose benefits ran out. Check your state's unemployment site as to how long benefits are payable. The current tax rates will be extended another 2 years, holding off any tax increases for now.


Submitted by aubrey on Wed, 12/22/2010 - 07:53

aubrey

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It seems so soft on us to have more out of our SS tax savings. Some of us might also get relieved to have the same tax rate for another 2 years. But, where do we see the aftermath of all such good decisions? Isn't there a fallout?


Submitted by on Wed, 12/22/2010 - 21:18

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