NY1.com

  47º

You are not signed in  |  Sign in here  |  Help

You're viewing a lite version of NY1.com

Time Warner Cable customers: Sign in with your TWC ID for video access.

Get my TWC ID. | Get TWC service. | Read the FAQ.

01/02/2013 09:16 AM

Tax Hike For Workers Even Though ‘Fiscal Cliff’ Is Averted

By: NY1 News

There's still going to be a tax hike even though Congress has sent the president legislation to avoid the so-called fiscal cliff. The vast majority of workers will pay higher federal taxes in 2013, largely because a temporary reduction in Social Security payroll taxes expired on New Year's Day and wasn't renewed.