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GasBuddy News Article

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Higher gas prices, Social Security taxes leave workers with less

WSOC-TV -- CHARLOTTE, N.C. — A combination of higher gas prices and higher Social Security taxes are leaving people with less money to spend on essentials.
Many workers in the Charlotte area are just getting their first paychecks of 2013. They're finding those checks are now smaller. The fiscal cliff deal in Washington eliminated a temporary cut in the Social Security payroll tax. The result is that most wage earners are getting what amounts to a 2 percent pay cut.

The increase in Social Security withholding isn't the only reason workers are feeling a money pinch. Gas prices have also risen steadily since the holiday season began. The price of a gallon of gas is now 15 cents higher than it was a month ago.

At a gas pump near uptown, Ronald Stevens said it's frustrating.

"It seems like you're


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Submitted Jan 15, 2013 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Higher gas prices, Social Security taxes leave workers with less Back to Topics
REPLIES (newest first) Post a Reply
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jcallaw
Champion Author Houston

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Message Posted: Jan 16, 2013 10:27:48 AM

The Government doesn't drill for oil and They do not go by the alias of Shell, ExxonMobil, etc. And by the way, what Party is pushing for cuts in Social Security?
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jrs4125
Champion Author Indiana

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Message Posted: Jan 16, 2013 8:55:43 AM

The future for the 99%
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Jan 16, 2013 4:35:30 AM

Everyone except part time Congress gets a freeze or cut..
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SkooterG
Champion Author Phoenix

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Message Posted: Jan 16, 2013 3:46:57 AM

Always with the good news.
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sprocketsplines
Champion Author Washington

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Message Posted: Jan 16, 2013 2:12:32 AM

It's no wonder that the US economy continues to be sluggish. Many economic factors are combining to make it seem like a death by a thousand cuts.
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1Boog
Champion Author Lincoln

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Message Posted: Jan 16, 2013 1:25:22 AM

government should have never put this cut in place two years ago....now employee and employer are paying same rates again for FICA.....fair is fair!!
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RussianAnya
All-Star Author Dallas

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Message Posted: Jan 16, 2013 1:24:14 AM

no way
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wally52
Champion Author Little Rock

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Message Posted: Jan 16, 2013 1:19:18 AM

Some people are never happy unless they have it all.
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roadrunnerMO
Champion Author Kansas

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Message Posted: Jan 16, 2013 1:16:02 AM

Obozo wants to repay those who voted for him to take from rich and give to the poor.
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Jan 16, 2013 1:13:34 AM

What ever BIG OIL wants big oil gets!!!!
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silverfox63
Champion Author Michigan

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Message Posted: Jan 16, 2013 1:13:02 AM

And it will only get worse next month.
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Thomtec
Champion Author Nashville

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Message Posted: Jan 16, 2013 1:12:23 AM

Of course. Barry didn't tell the truth
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jcallaw
Champion Author Houston

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Message Posted: Jan 16, 2013 1:12:00 AM

Only in America!
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lowspeed
Champion Author Akron

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Message Posted: Jan 16, 2013 1:08:39 AM

dont see this ever changing
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bmsgolf
Champion Author Amarillo

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Message Posted: Jan 16, 2013 1:05:56 AM

That sums it up
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DirtDauber
Champion Author San Antonio

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Message Posted: Jan 16, 2013 1:05:33 AM

No surprizes here.
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sehonda
Champion Author Honolulu

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Message Posted: Jan 16, 2013 1:05:16 AM

guess who will pay for uncontrolled spending?
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Jan 16, 2013 1:05:11 AM

UH....yup! I didnt vote for him.
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LuckyLou1
Champion Author Colorado

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Message Posted: Jan 16, 2013 1:03:59 AM

You had your chance in November don't wine now!
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kgbellman
Champion Author Ann Arbor

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Message Posted: Jan 16, 2013 1:01:56 AM

We can hope one of the tw give - it seems that both are related to something called DC
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Marty_P
Champion Author Baton Rouge

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Message Posted: Jan 16, 2013 1:01:54 AM


Good answer, Z51!!!
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Kawibiker
Champion Author Illinois

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Message Posted: Jan 16, 2013 1:01:44 AM

things need to change.. the average joe, can't keep paying for everything.. just going to run out of money and die.. can't pay taxes, medical or anything.. so when we all die, who will pay then? Let the politicians figure that one out..?

[Edited by: Kawibiker at 1/16/2013 1:02:21 AM EST]
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Z51Corvette
Champion Author Austin

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Message Posted: Jan 16, 2013 12:59:21 AM

Time to fix gas prices... stimulate the economy that way... you can't starve the goose that laid the golden eggs, and expect her to continue laying as she's struggling to live!
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J Eric
Champion Author Los Angeles

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Message Posted: Jan 16, 2013 12:57:19 AM

The only thing that workers get these days is "exploited."
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jkpsr
Champion Author New Jersey

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Message Posted: Jan 16, 2013 12:56:26 AM

Gas prices have not risen that much in the rest of the country!
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Suzzoom
Champion Author Nevada

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Message Posted: Jan 16, 2013 12:53:35 AM

They'll be lucky if they get everything they put into Social Security when retirement rolls around.
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jac1224
Sophomore Author Idaho

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Message Posted: Jan 16, 2013 12:52:16 AM

Now end the temporary bush tax cuts for all the super rich.
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Tigercat88
Champion Author North Carolina

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Message Posted: Jan 16, 2013 12:50:54 AM

Just the beginning with Obama and stealing your Money.
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N4PIP
Champion Author Miami

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Message Posted: Jan 16, 2013 12:49:47 AM

Do you right-wingers blame EVERYTHING on President Obama? Doesn't the Republican-controlled House bear any responsibility? Seriously, people.
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Fitwit
Champion Author Stockton

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Message Posted: Jan 16, 2013 12:49:42 AM

I have 5 dollars left until the end of the month. But I got my gas tank filled today.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Jan 16, 2013 12:49:04 AM

Ouch.
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Zonk
Champion Author Michigan

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Message Posted: Jan 16, 2013 12:48:58 AM

What did you expect from obama?
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probedude2
Champion Author Akron

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Message Posted: Jan 16, 2013 12:48:02 AM

This is nothing compared to what they could be paying for

[Edited by: probedude2 at 1/16/2013 12:48:18 AM EST]
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Ray_10589
Champion Author New York

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Message Posted: Jan 16, 2013 12:47:35 AM

I knew this would happen with Obama ... tax tax tax ... and spend even more
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vulcan96
Champion Author Ohio

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Message Posted: Jan 16, 2013 12:46:40 AM

more gloom & doom
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defiancegasman
Champion Author Ohio

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Message Posted: Jan 16, 2013 12:44:13 AM

"Washington eliminated a temporary cut in the Social Security payroll tax."

PEOPLE are missing the key work in that statement, "temporary" TAX cut is just that TEMPORARY!!!

Now if CONGRESS could end the TEMPORARY BUSH TAX CUT for MILLIONAiRES maybe America could REALLY REDUCE THE NATURAL DEBT!!
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GasDuck
Champion Author Oregon

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Message Posted: Jan 16, 2013 12:44:05 AM

The lady in the article said the 2% increase in the social security payroll tax was causing her to take home $160 less per month.

This means that she is earning $8000 per month.

I don't think I would complain about paying an extra $160 per month in payroll taxes if I were earning $8000 per month - especially if I had just had a two year holiday where I did not have to pay it.

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rd2000
Champion Author Florida

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Message Posted: Jan 16, 2013 12:43:04 AM

This is not good
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Bigwaynef
Champion Author South Carolina

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Message Posted: Jan 16, 2013 12:39:33 AM

Don't worry Obama and his family will get there money...
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carinthuist
Champion Author San Francisco

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Message Posted: Jan 16, 2013 12:39:25 AM

yes ok
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BobD2009
Champion Author Long Island

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Message Posted: Jan 16, 2013 12:37:44 AM

People wanted Obama now they got him, and it's time to pay for the mistake.
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jcallaw
Champion Author Houston

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Message Posted: Jan 16, 2013 12:37:23 AM

We will survive....
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Godozo
Champion Author Gary

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Message Posted: Jan 16, 2013 12:36:42 AM

I know of four places where my SS payments are going, so I'm not complaining about the SS taxes.

And Gas Prices? Heck, those prices listed are high (NW Indiana has lower prices).
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gasmack
Champion Author Ventura

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Message Posted: Jan 16, 2013 12:35:13 AM

It's tough out here...they giveth
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liao
Champion Author Montreal

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Message Posted: Jan 16, 2013 12:34:51 AM

Future not looking good.
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madison8359
Champion Author Cleveland

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Message Posted: Jan 16, 2013 12:28:41 AM

Everything is up but my pay
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ssect8
Champion Author Hartford

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Message Posted: Jan 16, 2013 12:27:23 AM

So what else is new?
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Rooster922
Champion Author Wilmington

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Message Posted: Jan 16, 2013 12:26:28 AM

Are you kidding me?
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pgerassi
Champion Author Milwaukee

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Message Posted: Jan 16, 2013 12:24:13 AM

Prices are slowly falling here.
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LilRedWagonIN
Champion Author Indiana

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Message Posted: Jan 16, 2013 12:24:10 AM

higher taxes, period.
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