Word: paycheck
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
WITH the first paycheck of the new year, American wage earners face an unpleasant shock: Social Security deductions 35% higher than last year. The surprise will be particularly great for those employees earning more than $9,000 who paid their debt to Social Security early in 1972 and for the past few months had been receiving paychecks free of deductions marked "PICA" (Federal Insurance Contribution...
...wage earners, this year's PICA deductions will be bigger and last longer. Under measures adopted by Congress last year, a worker's Social Security taxes will rise from 5.2% to 5.8% of each paycheck. The money will be taken out of the first $10,800 of his or her pay, v. the first $9,000 last year...
...down, but McGovern seems to want to add to it. Paying for it will come out of the pockets of working people." In Miami, Leonard Lang, a student and part-time clerk says: "I'd very much like to know what happens to the one-third of my paycheck that's taken in taxes every week. Just for once, people want to feel that Uncle Sam is taking his hand out of their pockets...
...News was both proudly paternal and fiercely independent. When its aviation editor died the News kept sending his paycheck to his widow for nearly ten years, until their twin sons finished college. Nobody intimidated the News; when an advertiser once demanded a picture spread on his Christmas display window, the paper responded by running a friendly story on his chief competitor...
...rise too, but only from 5.2% to 5.5%. Result: anyone earning $12,000 a year will pay $468 this year, $594 next year and $660 in 1974. But he will not really feel this bite until late 1973-almost a year after the elections. This year deductions from his paycheck stop at the end of September; next year they will continue through late November, and in 1974 they will go on all year...