Well, actually we all are in the form of a 2% Social Security tax cut. It Makes you feel all warm and fuzzy inside about the future of Social Security doesn't it? Hopefully, you aren't expecting to live off Social Security anyway and have already started contributing to your own 401K 403B, Roth IRA, or whatever kind of retirement account you have.
2% isn't exactly life-changing, but depending on your current salary, it could add up to a nice chunk of change over the course of the year. For me, 2% over 26 paychecks works out to $780 this year in tax savings. The government wants me (and you) to go out and stimulate the economy with our 2% pseudo raise, but the jokes on them, I will be stashing mine into the wedding fund for future use. Besides, don't they know I gave up shopping until March.
What will you do with your 2%? Pad your savings? Eat at Chick-fil-a every Friday? Hoard all your money until the end of the year and buy a $700 bottle of wine like this guy? Something even better? Do tell.
(note: Ashe made a great point in the comments, the raise is only temporary for the 2011 tax year, so get your saving on now while you can. If you want to save it, try setting up an automatic transfer on pay day, so you don't get a chance to spend it!
Another good point from Kendra, if you don't pay SS tax, then you don't get a "raise". Can you tell it's slow at work?)