What I’m doing with my increased taxes

Posted in Politicson Jan 15, 2013

I noticed that some of my payroll taxes were a little higher this month.  Yes, in spite of President Obama’s promise not to raise taxes.  Since I budget, a decrease in my take home pay requires me to cut some of my budget categories.  So I’ll be spending a little less on entertainment, personal care, travel, groceries, and hobbies.  Yes, when taxes go up, my spending goes down, dollar per dollar.  And that is how the economy is struggling to improve.

One Comment

Grammyzanne

January 16th, 2013 at 9:54 am

Anyone figure out how much a payroll tax decreases the governments’ revenue from sales and usage taxes? Is our government again being penny wise (though hard to use “wise” with our governing body) and pound foolish.

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