November 28, 2011

The median Nevada family has a yearly income of $53,310. Under the current 2% payroll tax cut, set to expire at the end of the year, that family is saving approximately $1,066 per year on their tax bill. If the current tax cut expires, their yearly tax bill will go up by that amount. If the payroll tax cut is expanded to 3.1%, as proposed by Senate Democrats and President Obama, that Nevada family's savings will increase to $1,653 per year. Click your county on this map to see local averages.