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This is a great calculator because you can add any pre-tax deductions that you make like 401k or Health Insurance and get the EXACT number your paycheck will net out to- just make sure you select the drop-down boxes for 2011 (the new tax %'s) and your state.
I see in the current "Employer's Tax Guide" (which only came this week), it has one sentence stating that it is 4.2% this year. I do see, however that it is on the "What's New" on the front cover. So I guess they expect that is how they let people at small businesses know about it, even though 1 to 3 pay periods were done by the time this got mailed out.
I looked back through my local paper's archives to see if I had missed a story, and there was absolutely nothing.
I also looked back through the tax newsletter that comes with some of our tax forms and found absolutely nothing.
My salary is pretty modest so I do notice the difference. I have increased the amount I'm putting in my emergency fund every month.
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