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re: Question about Trumps new tax plan

Posted on 4/26/17 at 7:45 pm to
Posted by TupeloTiger
Tupelo,Ms.[via Bastrop,La.]
Member since Jul 2004
4340 posts
Posted on 4/26/17 at 7:45 pm to
He's talking about annual Income Tax, not what is taken out of your check. Social security,Federal withholding, state withholding, and the new Obamacare tax out of your take home balance. If you start out making 24,000, you won't pay in on a April 15th income tax. Your take home pay will remain the same, not less. The required taxes are taken out by your employer.
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