Thank you President Trump
Posted on 02/01/2018 8:00:26 AM PST by KeyLargo
Your Paycheck Could Increase Very Soon -- Here’s How Much You Can Expect
New IRS federal tax-withholding guidelines should give millions of Americans higher paychecks in 2018.
Matthew Frankel
Jan 12, 2018
The Treasury Department recently released new withholding tables based on the recently passed tax-reform bill. These tell employers how much to withhold from their employees' paychecks, and 90% of workers should see an increase when the new guidelines are implemented.
Here's what this means, when you should expect the change to affect your paycheck, and how much of an increase you should expect.
New IRS federal tax-withholding guidelines should give millions of Americans higher paychecks in 2018.
These tables tell employers how much to withhold from their employees' paychecks, and 90% of workers should see a decrease in withholding, resulting in more take-home pay when the new guidelines are implemented.
Here's what this means, when you should expect the change to affect your paycheck, and how much of a pay increase you should expect....
(Excerpt) Read more at fool.com ...
Thank you President Trump
I just assumed people were seeing the withholding change since January 1 (we’re retired, so we wouldn’t have noticed). Besides, take home pay isn’t the full tax story for some, but I don’t expect most to get that.
My take home increased
Published on Jan 25, 2018
House Democratic Leader Nancy Pelosi's net worth in 2016: $29,350,000
Americans’ median net worth in 2017: $68,828
To the average American, a $1,000 bonus is more than just “crumbs.” 
Yeah, my check was a lot higher. I’m kind of concerned that I should bump up my withholding now to compensate for taxes. I know I will still get screwed!
$1000???
Nope. Mine went up a big whopping $25/mo. That doesn’t come anywhere near paying for the huge increase in utilities and the beyond ridiculous increase in property tax.
I am retired and expect little from the feral government as I am not an illegal. Congress has spent over $13T from Social Security and blamed the recipients of bankrupting the system.
Mine did as well...approximately 3%. I’ll take it.
I got $30 more than usual.
I’m grateful but I’m not bouncing off the walls for an extra $60/month.
IRS guidance had not been available prior to February. My first February paycheck arrived today. The reduction in withholding comes to $288 bucks a month. Running my 2017 income through the revised and unrevised tax tables shows something like $312 bucks less Federal Tax in 2018 under the new tables.
Mine is up $60 every two weeks. That’s $1560 per year! Happy me.
What state are you in?
Shouldn't have to. The decrease in taxes is larger than the decrease in withholding. Hold pat and expect a bigger return next year.
I’ve seen the change in our military pensions, and my husbands paycheck was $150 higher today. I won’t see mine until next week.
I’ll be more interested in how this shakes out when I actually file.
TX
Better than the “crumbs” Nazi Pelosi said you’d receive! :^D
Noticed a modest decrease in FITW- about $60 from my military retired pay. So I will pay in about $720 less than last year, enabling me to use my money rather than wait until next February to get it back in form of a federal income tax refund.....
My paycheck is up with the new guy in office.
It was down with the last guy in office. BTW where is the messiah? He is hiding out and not saying anything which must be really hard on him as it is I,I and I etc. with him 24/7.
My bi-monthly went up $117. That's $2808 per year. Not crumbs.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.