Expect a lower paycheck come payday

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Researchers say deadline stress on tax day can kill careless drivers. (WEWS File photo)

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Posted: 01/11/2013

WASHINGTON -  

Friday is payday for many Americans, and if your paycheck is a bit smaller this time, don’t be surprised.

From now on you can expect to see around $40 less in each of your paychecks.

It’s all thanks to the fiscal cliff deal.

That’s because the payroll tax holiday on social security tax expired, raising rates by 2%.

Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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