USA TODAY: …Americans can expect price tags for many goods and services to increase faster than take-home pay again this year. Higher costs are expected for food, airline flights, rent, housing prices, government fees, shipping costs and college tuition. While gasoline prices are expected to fall by a small amount, they’ll do so after two consecutive years of record prices at the pump.
Many households will be confronted by the additional 2 percent payroll tax included in Tuesday’s political deal to avert the fiscal cliff,
When it comes time for raises, workers will continue to compete with the higher prices their employers expect to pay for health insurance, which rose 7 percent in Iowa last year, according to David P. Lind Benchmark, an employee benefits research firm in Clive, Iowa… (more)
EDITO: ; This article merits thorough reading.
