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Old 12-22-2017, 10:55 AM   #9
GoatLocker
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Join Date: Oct 2008
First Name: Eric
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Default 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.
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