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Paychecks shrink due to rise in social security payroll taxes

JACKSONVILLE, Fla. -- Although Congress recently worked a deal to avoid the fiscal cliff and not increase middle class income taxes, your paycheck may be looking a little smaller on upcoming paydays.

http://www.firstcoastnews.com/video/2091996304001/1/Paychecks-shrink-due-to-rise-in-social-security-payroll-taxes http://bcdownload.gannett.edgesuite.net/fcn/35067928001/35067928001_2092028130001_th-50f34126e4b0e9329dcb9eeb-590065941001.jpg?pubId=35067928001 Paychecks shrink due to rise in social security payroll taxes JACKSONVILLE, Fla. -- Although Congress recently worked a deal to avoid the fiscal cliff and not increase middle class income taxes, your paycheck may be looking a little smaller on upcoming paydays. WTLVeconomylocalNews 02:37

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