Contact Us

Are Restaurants Feeling Our 2% Tax Increase? [POLL]


You bet they are! If you’re feeling the 2% payroll tax increase that started in January, you’re not alone! The three month report showed restaurants took a serious hit especially in February.   The Daily Meal stated there could be a few things to blame, but I can’t help but think about the payroll tax. The average family of 4 with two parents working are losing about $200 a month in take home pay.  I know I’m feeling it!

Casual restaurant sales fell 1.6 percent in December, 0.6 percent in January, and a whopping 5.4 percent in February, according to the report. It’s the first time that there were three consecutive months of decline in three years, and the reason for the drop just might have something to do with the fact that since the “sequester” kicked into effect, more taxes are being taken from paychecks every months. Another reason? This winter has been particularly rough (after last year’s relatively mild one), and less people go out to eat when the weather is crummy.

Are you feeling the extra taxes in your wallet? If you are you cutting back on things?

via Restaurant Spending Is Way, Way Down | Dan Myers | The Daily Meal.

Best of The Eagle

Recommended for You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Eagle VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Eagle VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.