Regardless of what fiscal deal lawmakers pass it appears the 2 percent break on payroll taxes will expire for nearly all Americans.
That would bring the Social Security payroll tax up from a little over 4 percent to 6.2 percent.
Ardmore Residents sounded off.
"I think that they should cut back on the spending and worry about that more than trying to get more to spend," said Billy Bryant, Ardmore resident and taxpayer.
That tax break has been in place for the last two years.It means, if it lapses -- for anyone who makes less than $110,000 -- your payroll taxes will go up by 2 percent which means anywhere from $300 up to $2,200 out of your pocket this year.
Posted: 05/23/13 - Julie Luton of Bonham took home the top honor of the evening at the recent volunteer banquet hosted by the Fannin County Children’s Center. Luton was named the CASA Volunteer of the Year for her work in advocating for abused and neglected children in foster care. Read More
Posted: 05/22/13 - (Idabel, Okla.) – For anyone interested in learning more about building preservation, Idabel Main Street will host “Historic Building Maintenance,” a workshop on the care and maintenance of the historic district, June 25th, from 5:30pm – 7:00pm, at the Idabel Public Library. Read More
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
