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Now I see more income incheck yay. How come some mad they have to pay more this year? Is it next yr/

Author : Beverly S

Submitted : 2018-02-26 03:08:06    Popularity:     

Tags: mad  pay  yay  income  incheck  

Most people are paying less. Most people are very happy with the tax reforms. I haven't noticed any difference. It used to be that if you had

Answers:

Most people are paying less. Most people are very happy with the tax reforms.

I haven't noticed any difference.

It used to be that if you had children you were providing for, you paid less tax. If you had big medical expenses, you paid less tax. If you were paying for college, you paid less tax. If you were paying a lot of tax to your state, you paid a little less to the federal government.
The Republican tax plan has everybody pay the same tax rates. That's why some people have to pay more, but some people pay less.

Note, however, that the amount withheld from your paycheck is not necessarily correct. Since you won't do your 2018 tax return until after the midterm election, they made sure you would underpay your tax for now.

Meanwhile, the plan also cuts corporate taxes and estate taxes.
These very obviously only affect the rich. Politicians even asked company owners whether they would use tax savings to pay their workers more, and they said no.

The plan does not reduce the government's expenses to match the decreased tax coming from the rich, which means the country is falling deeper into debt. That will result in MUCH higher taxes in the future and/or inability to provide government services.

This is the American section of Yahoo Answers. Please re-post in legible American English.

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