Payroll tax cut fight ends ugly year for Boehner

[hi_im_god]

just checked my work email and found this gem:

To: All Employees

In the absence of federal legislation extending the 2011 employee social security tax rate cut, 2012 social security tax rates for employees will increase from 4.2 percent to 6.2 percent effective Jan. 1, 2012. As a result, ******** employees will see their tax deduction rise in 2012.

The U.S. Congress is still considering proposals that may extend the reduced 4.2 percent rate. Employees will be notified of any changes as soon as the information becomes available.

The Social Security Administration recently announced the maximum amount of wages subject to social security taxes will increase from $106,800 for 2011 to $110,100 for 2012.

The Medicare tax rate of 1.45 percent is unchanged for 2012. There is no limit on wages subject to Medicare taxes.

If you have any questions, please contact the HRCC.

i'm pretty sure you'll see house republican's fold before the weekend but i'd gladly pay a few $ to see them slit their own throats over this.