◀ The Principal Blog

Posts tagged ‘Fiscal Cliff’

The “Credible Budget Deal”: A Letter from the Future



I got a very strange, but exciting, email today.  It appears to be an email from my future self. It seems to come from sometime in late 2013, but gives some insight into a possible positive future. Here it is: Bob, Happy Halloween and greetings from the future. It’s me, Bob Baur…you! The…

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Yes, Your Paycheck Was Smaller Last Week…



After the fiscal-cliff deal, the payroll tax rate – income withheld from our paychecks for social security – went up from 4.2% to 6.2%.  For the last two years, American employees were paying a little bit less in social security withholding and the jig was up last week. This rate increase is…

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