That's the combined effect of the new law's higher capital-gains rate and limitation on deductions, as well as a new tax this year to help pay for the new health-care law.
Now both parties in Congress have indicated they intend to let this provision expire on December 31st, 2012, which means all of those with paychecks will see a 2% reduction in pay immediately after the new year.
By and large, businesses welcomed this tidying up, even though they will pay more tax during a four-year transition to a new system of payment, under which big firms will pay tax quarterly on a current-year basis, rather than in arrears as now.
Another 6, 500 civil servants at the Department for Constitutional Affairs will vote over the next few weeks on a pay offer said by the union to be worth up to 2.8%, while 4, 500 workers in the Prison Service are expected to vote in the New Year on their pay offer, which union leaders say is worth 1%.
As investors start the New Year, they often pay more attention to what they are doing with their portfolios.
The Association of Teachers and Lecturers (ATL) and the National Union of Teachers (NUT) say the 5 June deadline is too early - especially as this is the first year of the new pay system.
The government has been consulting on the possibility of simplified pay structures and new powers for shareholders - intended to restrain executive pay - that could be introduced next year.
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Staff at Oxford City Council have voted in favour of a new pay deal guaranteeing them a pay rise every year until 2018.
Thus a 24-year-old new to a pension plan should save 12% of their earnings - minus any contribution their employer makes - and a 40-year-old new to retirement savings should pay 20%.
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Benn Steil, senior fellow at the Council on Foreign Relations, notes companies that list in New York, in aggregate, pay millions of dollars a year to meet U.S. legal and accounting rules and exchange fees.
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If Brock vs Rock happens next year in New Orleans it would be the biggest pay-per-view event in history.
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But the 29-year-old New Yorker says the premium you pay for the Express does not represent value for money, with no more legroom than a normal train and not even a complimentary coffee or tea.
The National Committee on Pay Equity decided that this day marks the point in the new calendar year that a woman must work in order to earn the same wages as a man would have in the previous year.
Although Chancellor George Osborne increased the bank levy in last week's Autumn Statement, the unions say the public sector is bearing the brunt of measures to rebalance the public finances with workers facing a new 1% cap on pay rises after the current two-year pay freeze ends in the Spring.
If it can, Asian importers will pay as much as 90% more than a year ago when the new pricing system is first applied to the April through June quarter.
Obama, ladies and gentlemen, dear friends, it gives me great pleasure to come to Washington and pay a state visit to the United States at the beginning of the new year, at the invitation of President Obama.
Most voters also placed a high priority on his proposals to lengthen the school day or year, to pay better teachers more money and to require a new competency exam for teachers.
Not all will get it: the new pay-out is expected to go only to farmers with a three-year record of earnings.
An average starting salary with average pay increases each year, even with the occasional higher salary bump as your take on new jobs, will hardly even get you to retirement unless you are able to save a higher than average percentage of your income.
We do know that earlier in the year Martha Stewart and other Sirius XM stars received new contracts with much lower pay-outs.
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Last year, she was promoted and given new job duties but no raise in pay, making her one of millions who are working harder and longer for less.
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This benefit has been cut and capped, and from next year it will be rolled into a new universal credit, leaving tenants to pay their own rent along with grocery bills, clothing for children and so forth.
Government bonds pay a fixed income each year, so the higher the price, the lower the yield to new buyers.
While a typical 60-year-old today might pay five to seven times more for health insurance than a 20-year-old, the new law limits that ratio to three times what a typical young person might pay, says Robert Zirkelbach, a spokesman for America's Health Insurance Plans, the industry's trade group.
Additionally about 2, 400 senior managers are taking a 5% pay cut for three months, and HP's offices will be closed worldwide, between Christmas and New Year's.
To determine the average amount consumers might pay to keep their new cars in operating condition, we used 2008 repair estimates calculated over a five-year period by Vincentric, an auto-industry data-analysis company.
Loggers in northern New Hampshire developed a keen antipathy for Gabayzadeh after he told them last year that he would pay them whenever he wanted for their lumber because they needed him more than he needed them.
City Council Speaker Christine Quinn is prepared to back a deal on stalled sick-pay legislation that would require New York City businesses with 20 or more employees to provide five paid sick days beginning next year, according to the lead sponsor of the bill.
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