Monday, October 22, 2012
Does everybody realize that regardless of who wins the election, the Social Security tax cut will expire on 1Jan2013? For any employed person who makes $50,000 a year, the SS tax each month goes up for you by about $100. That's a lot of money, even for my friend Barry McLain. Let the belt tightening begin folks. It's going to be tough for a while I'm afraid.