djaymick Wrote:
Nov 20, 2012 1:13 PM
People will see tax increases, regardless of what happens to the Bush-Obama tax cuts. The temporary "payroll tax holiday" will come to an end in December, so everyone will see a 2% increase in taxes. This will happen in the FICA section of payroll taxes. So, the poor will get poorer and the rich will look at this as a blip.