Reply To: Tax Increase

Home Forums Decaffeinated Coffee Tax Increase Reply To: Tax Increase

#920347
apushatayid
Participant

The payroll tax was 6.2%, lowered as part of an economic stimulus plan a number of years ago to 4.2%. It got extended several times. It did not get extended for 2013. In short, the tax holiday is over. Of course, if you are only paying this tax for a couple of years, you never knew it was higher to begin with. I think it was above 8% at one point.