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Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February

 
jake
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User ID: 75982184
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01/13/2018 01:09 AM
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Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
With the passage of President Donald Trump’s tax reform package, the IRS has put out new withholding tables for employers which will result in less tax being removed from workers’ paychecks and employees seeing larger paychecks.
The Treasury Department reports that approximately 90 percent of workers will instantly see larger paychecks once employers put the tax tables into practice, CNN Money reported.

Officials have given employers a deadline of February 15 to implement the new withholding tables resulting from the passage of the president’s Tax Cuts and Jobs Act.


[link to www.breitbart.com]
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Anonymous Coward
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01/13/2018 01:27 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
Awesome.. so i got a paycheck i would be less broke.

Sounds nice
Anonymous Coward
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01/13/2018 01:30 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
According to cryptoidiots, it will all be for naught because our currency is worthless.

pffft-spitsmoke
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01/13/2018 01:36 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
I just had to post that. But seriously, people having more to spend can make for better years ahead.
Anonymous Coward
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India
01/13/2018 01:44 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
When workers are given unnecessary cash bonuses they suddenly find themselves financially independent and spend the extra disposable income on drugs and hookers which leads to breaking of family bonds and relationships.

Better way to increase the Trump's base is to give workers a free bag of rice every month or a $1000 tax reduction
Anonymous Coward
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01/13/2018 02:04 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
Maybe enough for a tank of gas (until the fuel prices and taxes and tolls increase). Maybe enough for a small bag of groceries (until the prices go up and up). Maybe enough for a family meal at McD's (until the prices go up to pay the $15/hour fast food workers). And this tax reduction isn't permanent, unlike the corporate tax breaks.

So what happens when the $18/hour workers can't afford to buy the more costly burgers sold by the $15/hour workers?
Anonymous Coward
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Philippines
01/13/2018 02:30 AM
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Re: Thanks to Tax Cuts, 90 Percent of American Workers Likely to See More $$ in Paychecks by February
and guess what

Obama care penalty is still in effect

epiclol





GLP