Staff report
The Aspen Times
Aspen, CO, Colorado

Back to: News
January 11, 2013
Follow News

Payroll tax increase hits Basalt councilman where it hurts

BASALT - Count Basalt Town Councilman Herschel Ross among employees who have received a paycheck in 2013 and noticed how the expiration of a 2010 payroll tax cut has hit their pocketbook.

At a Tuesday council meeting, Ross asked Town Finance Director Judi Tippetts why his paycheck was reduced. Ross quipped that he thought maybe someone thought he was no longer doing a good job.

Not so, Tippetts said. The reason for the reduction is that the payroll tax cut was not addressed by the legislation that ended the fiscal-cliff debate. Therefore, she said, Social Security payroll taxes went back to their pre-2010 rate.

More employees will be experiencing the reduction in their take-home pay when they receive their first checks of 2013.

Ross countered the reduction with humor.

"When I was saying Basalt had to tighten its belt, I didn't mean me," he said, drawing a laugh from the other board members and staff.

Stories you may be interested in

The Aspen Times Updated Jan 11, 2013 05:52AM Published Jan 11, 2013 01:13AM Copyright 2013 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.