On Tuesday, Congress rejected a temporary measure that would extend a 2% payroll tax cut to over 160 million workers in the U.S. The payroll tax covers the amount collected for federal Social Security and is applied to the first $106,800 you earn. With no plan in place, the tax will increase to 6.4% on January 1 and will cost the average family $1,000 over the course of the year.
While a reduction in pay is not a good thing for anyone, is there another way to fill in that missing $1,000 in your budget? Try these four strategies for extra earnings or savings in 2012:
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