Pay More Taxes…


Posted in: General, Taxes, Wealth Transfers

The next few months are really going to be important in shaping the future of our country, both in the short term and the long term.  After the election plays out the next drama will be the massive tax increases that will hit our country if nothing is changed by congress.

Most Americans want to know how will this effect me.  One of the many changes that will occur is the increase in payroll taxes.  That first paycheck you get in January will be different from your final one in 2012, more of it will be going to Uncle Sam.  To see in hard number how this will hit your family I recommend trying the Wall Street Journals nifty calculator.

As the end of the year approaches you will being hearing about all sorts of tax law changes that we think might be coming.  Please stay tuned…

Wall Street Journal Payroll Tax Calculator