Poof – 2% of Take Home Pay, gone

(Community Matters) $1,300 to a family earning $60,000 per year (or 2% of take home pay), that’s a lot. That’s the impact of expired payroll tax cut and its impact on discretionary spending so real WalMart, Burger King, Kraft and heaps of retailers, restaurants and consumer-good companies lowering earnings expectation.

 

 

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