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The federal tax cut has already hit my paycheck

WarbirdsWarbirds Member Posts: 16,499 ✭✭✭✭
edited January 2018 in General Discussion
I don?t know about ya?ll but I sat quietly to see how this one would impact me.

For my family it will be a nice positive impact every month and I can see it in my pay stub already.

Comments

  • hotshoothotshoot Member Posts: 4,227
    edited November -1
    Not sure yet, but we did get a 2.75% gwi ,(general wage increase) then I did drop are crap insurance,

    Make sure you check you w4 so next year it would not come back to bite you on the back side
  • guntech59guntech59 Member Posts: 23,193 ✭✭✭
    edited November -1
    I went from 'married 4" to 'married 3' on my W4 form and only lost $5 out of my bi-weekly check.
  • Rack OpsRack Ops Member Posts: 18,597 ✭✭✭
    edited November -1
    I haven't seen an increase yet. Expecting it on my next paycheck
  • grumpygygrumpygy Member Posts: 53,466
    edited November -1
    Last check had an increase.
  • mogley98mogley98 Member Posts: 18,310 ✭✭✭✭
    edited November -1
    I own a small Business and my accountant says I am going to see enough savings to double my SEP contribution [:D]
    Why don't we go to school and work on the weekends and take the week off!
  • pricklypearpricklypear Member Posts: 362 ✭✭✭
    edited November -1
  • remingtonoaksremingtonoaks Member Posts: 27,192
    edited November -1
    how could that be, Trump is evil
  • shilowarshilowar Member Posts: 38,807 ✭✭✭
    edited November -1
    According to one of the tax plan estimators I should be plus $3000 in my pocket from the Trump tax cut. A dollar in my pocket is better than a dollar in theirs.
  • DocDoc Member Posts: 13,899 ✭✭✭
    edited November -1
    Looks like an additional $150 in mine. With 26 paychecks per year that's $3,900. May be "crumbs" to Pelosi but to me a significant amount of money. Didn't expect it to be so much.
    ....................................................................................................
    Too old to live...too young to die...
  • wpageabcwpageabc Member Posts: 8,968
    edited November -1
    MAGA time...
    "What is truth?'
  • chiefrchiefr Member Posts: 13,011 ✭✭✭✭
    edited November -1
    Yep, and DEMOCRATs such as Pelosi and Schumer are using terms such as crumbs to describe these cuts.

    Also the typical class warfare, saying how it robs the middle class and the poor and benefits big business.

    If you haven't heard, DEMOCRAT controlled legislatures such as California are considering massive state income tax proposals to strip the Trump tax break money from all beneficiaries.
  • serfserf Member Posts: 9,225 ✭✭✭✭
    edited November -1
    The 10-year bond rate is 2.70 nish and That means inflation is coming to eat away at your devalued dollar. Now how long can a devalued dollar with higher prices make you happy while local jurisdictions make up the differences in local taxes that The Feds cut with their big tax cut with our funny fiat money?

    I grow tired of the shell game they play with taxes, fees, and low paying jobs and call it prosperity with Fiat federal reserve dollars.The public has no idea on how our elected officials tax daily.

    serf

    https://comptroller.texas.gov/taxes/a-to-z.php

    Texas Taxes and Fees no Federal or city taxes here
    `

    9-1-1 Fees and Surcharge
    Automotive Oil Sales Fee
    Battery Sales Fee
    Boat and Boat Motor
    Cement Production
    Coastal Protection
    Coin-Operated Machines Tax
    Controlled Substances
    Crude Oil
    Fireworks
    Franchise
    Hotel
    Inheritance
    Insurance Taxes, Assessments and Fees
    Loan Administration Fee
    Manufactured Housing
    Miscellaneous Gross Receipts
    Mixed Beverage Taxes
    Motor Fuels and IFTA
    Motor Vehicle Taxes
    Natural Gas
    Oil and Gas Well Servicing
    Oyster Sales Fee
    Pari-Mutuel
    Property Tax
    Public Utility Gross Receipts Assessment
    Retail Charge Agreement Delinquency Fee
    Sales and Use
    Sexually Oriented Business Fee
    Sulphur Production
    Texas Emissions Reduction Plan (TERP) - Off Road Heavy Duty Diesel Equipment Surcharge
    Tobacco Taxes and Fees
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