Even though the country did not fall off the fiscal cliff the income tax rate is the one we saw remain at the same level. But the social security payroll tax is the one going up. On your check it's called FICA. A 2% reduction was not renewed.
While there is relief on at least the income tax side, you need to keep an eye on your money and where it's going.
"I think its great that the government finally came together despite them being Democrats or Republicans that we could come together as a people and stand for what's right," said Gail Green.
"I kinda think it had a dramatic effect going to the last minute kinda suspicious of that but whatever as long as it's done," said Daryl Wilson.
Income tax levels will remain the same at least for now.
"I think things will hopefully improve more with the economy and jobs. I think it's a good thing for the new year," said Jessica Wenzlick.
But it's not all rosy. With social security taxes increasing some financial experts say it's just the beginning.
"The biggest thing that has an impact on people, which is the economy, is going to continue to improve. The taxes are going to get worse and get progressively worse but it's going to be slower and they are going to feel the impact but it won't be anywhere near as bad an impact from a tax as it will be good from the business improvement," said Dock Treece of Treece Investment Advisory Group.
Treece reminds people you can't control what politicians do so.
"I would tell them to ignore it because you can only control the things you can control. You can't control how much your taxes go up. That's controlled out of Washington. What you can control is your personal spending, your personal savings rate," said Treece.
"I find a way to make sure my money is in tact, regardless of the situation, regardless of who's in office. I think if made it through the Bush era, I can make it through the Obama era," said Wilson.
Thursday, June 20 2013 6:05 AM EDT2013-06-20 10:05:41 GMT
A driver is dead after a car crash in Williams County Wednesday night. The crash happened on U.S. 20 west of County Road 5. OHP says the driver was going westbound on U.S. 20 when the vehicle traveled
One person was killed in a crash in Williams County Wednesday night.
Wednesday, June 19 2013 10:53 PM EDT2013-06-20 02:53:28 GMT
Three young brothers who have been missing the more than two years were featured on national TV Wednesday night. Former "America's Most Wanted" host John Walsh profiled the case of Andrew, Alexander and
Three young brothers who have been missing for more than two years were featured on national TV Wednesday night. Former "America's Most Wanted" host John Walsh profiled the case of Andrew, Alexander and Tanner Skelton.
Wednesday, June 19 2013 6:15 PM EDT2013-06-19 22:15:15 GMT
Most of us wouldn't be able to swim across Lake Erie, so imagine doing it with a debilitating condition. A Maumee man with Crohn's disease is training to cross the lake to help raise money and awareness
Maumee man set to swim across Lake Erie in an effort to raise money for help Crohn's disease research.
Wednesday, June 19 2013 6:12 PM EDT2013-06-19 22:12:43 GMT
Five St. Ursula students traveled to Washington, DC to be honored with the Jefferson Award for Community Service. As part of their trip, they met with Congresswoman Marcy Kaptur. Washington Bureau Chief
Five St. Ursula students traveled to Washington, DC to be honored with the Jefferson Award for Community Service. As part of their trip, they met with Congresswoman Marcy Kaptur. Washington Bureau Chief Jacqueline Policastro tagged along during their visit.
Wednesday, June 19 2013 10:53 PM EDT2013-06-20 02:53:28 GMT
Three young brothers who have been missing the more than two years were featured on national TV Wednesday night. Former "America's Most Wanted" host John Walsh profiled the case of Andrew, Alexander and
Three young brothers who have been missing for more than two years were featured on national TV Wednesday night. Former "America's Most Wanted" host John Walsh profiled the case of Andrew, Alexander and Tanner Skelton.
Thursday, June 20 2013 6:05 AM EDT2013-06-20 10:05:41 GMT
A driver is dead after a car crash in Williams County Wednesday night. The crash happened on U.S. 20 west of County Road 5. OHP says the driver was going westbound on U.S. 20 when the vehicle traveled
One person was killed in a crash in Williams County Wednesday night.
Wednesday, June 19 2013 9:44 PM EDT2013-06-20 01:44:14 GMT
LOS ANGELES (AP) - HBO and James Gandolfini's managers say the actor famous for his role in "The Sopranos" has died in Italy. The cable channel, and managers Mark Armstrong and Nancy Sanders, say the
James Gandolfini, whose portrayal of a brutal, emotionally delicate mob boss in HBO's "The Sopranos" helped create one of TV's greatest drama series and turned the mobster stereotype on its head, died Wednesday in Italy. He was 51.
Wednesday, June 19 2013 6:15 PM EDT2013-06-19 22:15:15 GMT
Most of us wouldn't be able to swim across Lake Erie, so imagine doing it with a debilitating condition. A Maumee man with Crohn's disease is training to cross the lake to help raise money and awareness
Maumee man set to swim across Lake Erie in an effort to raise money for help Crohn's disease research.
Wednesday, June 19 2013 6:09 PM EDT2013-06-19 22:09:35 GMT
Changes in technology are forcing Blissfield Manufacturing to close one plant and expand another. The company made the tough decision to shut down its Portland, Indiana plant as the owners work hard
Blissfield company announces it is closing a plant in Indiana and consolidating operations in its Blissfield headquarters adding 73 jobs.
Wednesday, June 19 2013 5:51 PM EDT2013-06-19 21:51:41 GMT
After more than 4 inches of rain in the first half of June, northwest Ohio and southeast Michigan has become a breeding ground for mosquitoes. Spraying is underway in hopes of reducing the threat of mosquito-borne illnesses.
After more than 4 inches of rain in the first half of June, northwest Ohio and southeast Michigan has become a breeding ground for mosquitoes. Spraying is underway in hopes of reducing the threat of mosquito-borne illnesses.
Wednesday, June 19 2013 5:11 PM EDT2013-06-19 21:11:48 GMT
First Energy got started on a project to make its energy grid in Sandusky County more reliable, but the means of getting the job done may surprise some people. The company is using a helicopter to hang
First Energy got started on a project to make its energy grid in Sandusky County more reliable, but the means of getting the job done may surprise some people. The company is using a helicopter to hang high voltage transmission lines onto the arms of towers.
Wednesday, June 19 2013 5:08 PM EDT2013-06-19 21:08:49 GMT
An inmate at Toledo Correctional Institution was indicted Wednesday on two counts of aggravated murder and one count of felonious assault. Dustin Lynch, 26, is accused of killing fellow inmate Arturo
An inmate at Toledo Correctional Institution was indicted Wednesday on two counts of aggravated murder and one count of felonious assault. Dustin Lynch, 26, is accused of killing fellow inmate Arturo Lopez in March.
Wednesday, June 19 2013 5:06 PM EDT2013-06-19 21:06:00 GMT
After two levy defeats, Bowling Green City Schools are cutting costs. The district is moving to a pay-to-participate system, charging students for after-school activities. The move could be the beginning
After two levy defeats, Bowling Green City Schools are cutting costs. The district is moving to a pay-to-participate system, charging students for after-school activities. The move could be the beginning of more cuts for the district.
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