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Smaller payday trims workers' splurges as US tax breaks expire

from Bloomberg

Phoenix high school teacher Kenny Williams said he's cutting back on his "family splurge fund" for movie and sports outings after the reinstated U.S. payroll tax lowered his first paycheck of the year by $30. The 46-year-old single dad of two was shopping at the 99 Cent Only store in Phoenix recently to save money on groceries and partly offset the $60-a-month cut he expects in his pay. Dinners out also will go, he said. more


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