That's what the average family making $80,000 will see in increased withholding taxes each month should the tax cuts be allowed to expire on December 31. Just remember though, you don't have to worry about paying your mortgage anymore of putting gas in your car because the savior is among us. Isn't change great? :laughing:
http://www.bloomberg.com/news/2010-...-u-s-preparing-for-smaller-take-home-pay.htmlFor a married couple with an income of $80,000, that would drain an extra $221.48 in withholding from a semi-monthly paycheck, according to calculations by the Tax Institute at H&R Block.