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Paycheck a Little Light This Week? |
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98TJ 
RCRC Club Member 
RCRC Club Treasurer Joined: 10 May 2005 Location: Maysville, Madison County Status: Offline Points: 8926 |
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 Topic: Paycheck a Little Light This Week?Posted: 04 January 2013 at 4:43am |
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"When you receive your next paycheck, you may notice that the amount is a little less than usual. Why? The Social Security 2% Old Age Survivors, and Disability Insurance (OASDI) tax that was cut a few years ago, went back into effect for the first pay period in the 2013 pay year - pay period ending December 29, 2012."
I'm glad only us millionaires got hit with the tax increases.
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1998 TJ 4.0 5spd Atlas 36" Swampers RE4.5 ARB's 44/44
2015 JK Rubicon, mostly stock |
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Doc Savage
RCRC Club Visitor 
Joined: 16 February 2004 Location: Huntsville, Madison County Status: Offline Points: 1180 |
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Posted: 04 January 2013 at 6:20am |
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Gets even better for us. Our company got bought out last year and we switch to the new company benefits (which suck) and pay periods. So this week we got a one week check to get us on the same pay schedule as the Borg mothership, and of course things got screwed in the translation. Some of the benefits weren't deducted so we get double deducted next check, full benefits costs were deducted even though it was only pay for one week, etc.
It will be Feb. before I get to tell what impact congress had on my pay check
 Robert
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Past President, Rocket City Rock Crawlers
Past President, Madison County CERT Association |
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98TJ
RCRC Club Member
RCRC Club Treasurer Joined: 10 May 2005 Location: Maysville, Madison County Status: Offline Points: 8926 |
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Posted: 04 January 2013 at 6:35am |
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They not only raised the rate, they raised the base...
Last year it was 4.2% on the base with a max of $4626.
This year it is 6.2% on the base with a max of $7,049... an increase of $2,425!
Damn, that's half of a Dynatrac Pro 44 high pinion TJ front axle!
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1998 TJ 4.0 5spd Atlas 36" Swampers RE4.5 ARB's 44/44
2015 JK Rubicon, mostly stock |
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NOT4HWY
RCRC Club & Business Member 
Joined: 16 February 2004 Location: Harvest, AL Status: Offline Points: 1454 |
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Posted: 04 January 2013 at 11:34am |
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As a business owner-I have to pull out the 6.2% and 1.45% from each employee's check then pay 15.3% of my total paroll each week . See the IRS takes 7.65% from everyone then makes employers pay the 7.65% tax again for each employee.
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Club member since 1992, Club President 1995-1999 Trail rig:S-Blazer,Rockwells,507 Caddy,T-400,203/205, Tow-rig: '23 F350 4x4
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alabamatoy
Admin Group
I dont work here anymore... Joined: 16 February 2004 Location: Signal Mountain Status: Offline Points: 9442 |
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Posted: 06 January 2013 at 1:53am |
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Yep. I see where some of the "Obots" are suddenly crying about why their paycheck has changed from last one to this one. They weren't supposed to be taxed any more, he promised. His promises aren't worth cold spit.
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"If you didnt buy your 1st gen 4Runner new, then YOU are a newbie!!"
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Posted: 06 January 2013 at 3:16am |
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Most of the "Obots" get the government freebies that WE are paying for so they still think everything is fine and dandy.
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98TJ
RCRC Club Member
RCRC Club Treasurer Joined: 10 May 2005 Location: Maysville, Madison County Status: Offline Points: 8926 |
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Posted: 06 January 2013 at 3:35am |
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1998 TJ 4.0 5spd Atlas 36" Swampers RE4.5 ARB's 44/44
2015 JK Rubicon, mostly stock |
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98TJ
RCRC Club Member
RCRC Club Treasurer Joined: 10 May 2005 Location: Maysville, Madison County Status: Offline Points: 8926 |
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Posted: 06 January 2013 at 3:46pm |
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1998 TJ 4.0 5spd Atlas 36" Swampers RE4.5 ARB's 44/44
2015 JK Rubicon, mostly stock |
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CJ7OX
RCRC Club Member
Joined: 17 February 2004 Location: United States Status: Offline Points: 1887 |
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Posted: 08 January 2013 at 5:01am |
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Well, they voted for him, now they get to pay for it. I'm not looking forward to seeing what an impact it'll be on my first paycheck, as it's been pretty tight for my household as is. Ramen noodles, here we come!
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~Sean
Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem. -Reagan MOLON LABE 85ish CJ-7/06 CTD |
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cj8lvr
RCRC LLC Member
Joined: 10 February 2005 Location: Madison, Madison County Status: Offline Points: 7948 |
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Posted: 08 January 2013 at 8:49am |
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Start listening y'all:
You can listen every day live online if you like. Some of y'all know this already, but we took the class (Financial Peace University) at Asbury Methodist in Madison. As of November 5, 2012 (day before election coincidence-what do you think?) we are debt free except the house. If not for following his program and sitting down every pay period and working out our budget (TOGETHER) and then sticking to it....this house would be in a world of hurt right now! Not saying we're loving this economy or anything but we are certainly in a much better position now than we ever would have been sans that class and then following through with the program. I'd be happy to tell any of you more about it if you are interested. It's not a cult or some kind of weird pyramid scheme. (Like I initially thought) It's real world direction based on very simple ideas that our culture and generation does not follow now. (We were certainly guilty of it) |
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l___l__L-O|||||O_ _()_)__()_)___()_) Jake White Owner of CartoTracks.com Trail Maps Past RCRC - VP Past Nat'l CJ-8 Scrambler Owners Association President |
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CJ7OX
RCRC Club Member
Joined: 17 February 2004 Location: United States Status: Offline Points: 1887 |
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Posted: 08 January 2013 at 9:11am |
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It is a good program.
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~Sean
Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem. -Reagan MOLON LABE 85ish CJ-7/06 CTD |
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alabamatoy wrote: