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Old 01-31-2018, 12:32 PM   #1
Jim in CT
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Join Date: Jul 2008
Posts: 20,428
Impact of GOP tax overhaul

Got my first paycheck with the new tax rates. Net take-home pay increased, and the difference isn't "pathetic crumbs". It's not going to change my life, it isn't going to pay for a beach house on Martha's Vineyard. But it will cover the monthly payments on the little camper I just bought.

Not life-changing. But a noticeable impact. Plus, my employer can keep a larger percentage of our income, therefore my job is a little more secure than it was before, layoffs will be a bit less likely.

Good stuff, no?
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