Advertisment
Your Story
Payroll tax hike, gas prices hurt spending
Consumer spending is down since the social security payroll tax cuts expired, and a local financial planner says that's a natural response.
Christina Winch of Winch Financial in Appleton says people are seeing less take home pay, and an increase in gas prices. She says they're also skittish because of the recent recession.
Winch says Republican and Democratic lawmakers need to work together to reassure consumers.
Winch says the payroll tax increase was relatively modest, and she believes people will begin spending again, once they adjust.
Christina Winch of Winch Financial in Appleton says people are seeing less take home pay, and an increase in gas prices. She says they're also skittish because of the recent recession.
Winch says Republican and Democratic lawmakers need to work together to reassure consumers.
Winch says the payroll tax increase was relatively modest, and she believes people will begin spending again, once they adjust.
posted : February, 22nd by WHBY
WHBY LATEST NEWS
Melanie shaved her head in support of her sister who is fighting cancer and lost her hair to treatments.
Melanie…
posted by Philcast 2 hours ago
Fresh off the U.S. Open finishing Sunday at Merion in Pennsylvania, the USGA hosted members of the media Monday at…
posted by Daves Blog 1 day ago
Another TSA investigation has been opened,
This time it involves an agent at LAX who told a 15-year-old girl to…
posted by Philcast 1 day ago
Advertisment
