(February 3, 2018 at 7:17 pm)SteelCurtain Wrote: My tax burden went up by $50 per pay period between my last two paychecks. I make $70k/year.
This pay stub had the "This payroll is using the new Federal Tax rates" notice on it.
To be fair, if you live in a more rural part of the country 70K can be enough. But if you live in an expensive city like NYC or SF, or an expensive county like Fairfax County Va, 70 might as well be 30k.
But either way, that still hurts, but the Walmart family, Koch brothers and Goldman Sachs CEOS are going to make a killing and pocket their returns.