New Tax Bill - Are you getting relief?

GoatLocker · 12-22-2017, 10:55 AM

Employers will recalculate withholding based on your W2 and the new tax tables, so folks who get a paycheck will see an increase.

Looks like I will no longer be itemizing. Really happy about that. Taxable income will be higher, but tax owed will be lower by a couple thousand $. Even happier about that.

I agree with Subvet, we should all pay a flat rate, no deductions or credits. I get tired of people who don't pay taxes demanding others must pay more. Everyone should have skin in the game.

12-22-2017, 10:55 AM	#10
GoatLocker Dr of Quantum Inebrionics Join Date: Oct 2008 First Name: Eric Location: Sandy Eggo Posts: 434 Trading: (1)	Re: New Tax Bill - Are you getting relief? Employers will recalculate withholding based on your W2 and the new tax tables, so folks who get a paycheck will see an increase. Looks like I will no longer be itemizing. Really happy about that. Taxable income will be higher, but tax owed will be lower by a couple thousand $. Even happier about that. I agree with Subvet, we should all pay a flat rate, no deductions or credits. I get tired of people who don't pay taxes demanding others must pay more. Everyone should have skin in the game. __________________ "I drink a great deal. I sleep a little, and I smoke cigar after cigar. That is why I am in two-hundred-percent form." Winston Churchill

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