Social Security Gotcha
Just got the email from the company about the little gem Congress buried in the 2% payroll tax cut extension. Seems those of us with a little senority who are doing well will have to pay a 2% income surtax in 2013 on any money above the threshold that was earned in January and February of this year. So, bottom line, better tuck that 2% "pay raise" away because they are coming after it next year. Did anybody know about this?