# Everyone enjoying their tax hikes?

**URL:** <https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914>\
**Category:** Shift518 Off Topic\
**Created:** [January 3, 2013, 2:09pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914 "2013-01-03T14:09:57Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![TracEy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tracey/32/6561_2.png) [@TracEy](https://forums.speedlife.net/u/TracEy)\
**Post date:** [January 3, 2013, 7:07pm UTC](https://forums.speedlife.net/t/everyone-enjoying-their-tax-hikes/265914/8 "2013-01-03T19:07:44Z")

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> [@NYSpeed / OSYN Track Days 2008 \[Next Day: Sept 13th\] \*NEW: Track Timing System!\*](https://forums.speedlife.net/t/nyspeed-osyn-track-days-2008-next-day-sept-13th-new-track-timing-system/44963/334):
>
> FWIW The employee portion of the Social Security tax was lowered from 6.2% to 4.2% in 2011, all the tax “hike” is, is the expiration of the tax “cut” of 2% bringing it back to the normal level. Employers have been paying the whole 6.2% all along.
> 
> In the past two years the tax cut has _saved_ you $3,120 if you averaged $84,000/year.

Exactly, to be honest, I’m surprised it lasted 2 years!!!

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