RE: Anyone Else in America See Your Taxes Go Up?
April 7, 2019 at 12:13 am
(This post was last modified: April 7, 2019 at 12:13 am by popeyespappy.)
We, along with most Americans, got a tax break this year. Last year our effective tax rate was 11.98%. This year it was 10.63%. Our effective federal income tax rate fell 11.22% despite the fact that our adjusted gross income was up 8.59%. Yes, some people saw their rates go up due to a realignment of the tax brackets, but most of us paid lower tax rates this year than we did last year.
I suspect that those of you that are getting back less or paying more at the end of the year took home more with each paycheck than you did last year.
I suspect that those of you that are getting back less or paying more at the end of the year took home more with each paycheck than you did last year.
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