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Residents weigh in on smaller paychecks after payroll tax holiday not renewed

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Posted 4:32 PM 1/8/2013 : Smaller paychecks could affect local businesses

BOZEMAN - Your next paycheck will likely be smaller.  Thanks to the fiscal cliff compromise, the "payroll tax holiday" was not renewed.  For the past two years the amount of money witheld to pay for social security and medicare was 4.2%, that number now goes back to 6.2%. 

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