Tax plan for you (Franken, wage, dollars, retirement)

[bxlover]

Ok Trump comes into office and implements his tax plans, what does it mean for you ? For your paycheck and tax return?

[bxlover]

If it saves me a hundred or so every two weeks and my wife as well, we will buy an American car with the 400dollars a month.

[Kibby]

Hard to say until we see the brackets - we live on a retirement income.
From what I've read, looks like we will save maybe $6,000 in Taxes. Anything would help.

[daylux]

About 400 a month for the first year. My husband's income will continue to go up, but mine will stay the same so in two years it may be different.

[Boss]

To make a GOP tax plan work you will see increased fees. In the form of FET which will wipe out any decrease you may see in your payroll taxes.

The removal of deductions will hurt those in the middle and fixed income range.

I have seen the GOP tax plan in NC and it is not good for those that are lower to upper middle wage earners.

[Retroit]

It means I will still be paying too much.

[evilnewbie]

My taxes won't change...

[G1..]

Originally Posted by bxlover

Ok Trump comes into office and implements his tax plans, what does it mean for you ? For your paycheck and tax return?

How do you know,no one knows his plain yet?

[PedroMartinez]

All tax plans that are not a flat tax, FAIR tax or national sales tax suck.

Our tax system is a hideous monster of Frankenstein. Kill it.

[Frank DeForrest]

All taxes are theft.