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View Diary: Who won? (54 comments)

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  •  This hurts me (1+ / 0-)
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    elwior

    Because I'm self-employed, and I'm in a fairly low tax bracket, so my SS contribution is always much higher than my actual income tax payment. And I was banking on Obama extending our cuts, so I paid my estimated tax payments based on the same percentage of my income as last year's taxes.

    HOWEVER, that being said, I'd rather take the financial hit now than to have this money be drained from the funding of Social Security.

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