Liberals....You just cant fix stupid!

[BuffCyclist]

But it's not a tax increase. It's a former tax break returning to it's normal level. You should be thankful that the government let you keep more of its money for the amount of time it did. The government is just taking back its normal amount of money that you earned for them.

But, but I got my job in 2010, so I never had to pay the higher taxes, so it IS a tax increase to me!

Seriously though, I really can't wait to see what my paycheck will be like come the 15th. Mostly because the last time I got paid was on 12/21 due to the holidays. Hoping its not too big of a cut, but by my calculations it should be around $75 deduction per month which is actually going to hurt me a little.

I do understand though that it was a tax break and wasn't always this low, so returning to normal sucks.

[gnihcraes]

I'm interested to see if this will affect the government worker that pays into PERA, not into SS.

[XC700116]

I'm interested to see if this will affect the government worker that pays into PERA, not into SS.

Actually I would like to know as well. I pay Railroad Retirement instead of SS , There are 2 tiers to RR, first is the same as SS and the tier 2 is additional, but both are set aside from SS (for now) and tier 1 did adjust both ways along side of SS.

[BPTactical]

I'm interested to see if this will affect the government worker that pays into PERA, not into SS.

I am PERA, I will let you know

[hurley842002]

I'm interested to see if this will affect the government worker that pays into PERA, not into SS.

X3

[TFOGGER]

My wife is on PERA, and she never saw the "holiday" breaks, so she is not anticipating any additional deductions as a result of the expiration.

[Ghosty]

Obamalamadingdong!

[Ronin13]

Elections have consequences.

I've said this so much in the last few months I sound like a damn broken record.