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Old 01-11-2018, 03:38 PM
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whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
Quote:
Originally Posted by Rajoo View Post
Now for some Right Wing economic wisdom.

IRS Sets Withholding Tables as GOP Pledges Paycheck Increase




Isn't this what Bush Sr. called Voodoo Economics? Goes to show that some of the people like Texas can be fooled all of the time.

Now we know why some Sam's Club locations (aka Walmart) are closing, Texans cannot make their layaway payments?

Two congressional Democrats have expressed concern that the new tables would “systematically underwithhold income taxes during the 2018 tax year.” That sort of move would boost workers’ pay before the November 2018 congressional elections but could leave them “owing federal income tax when they file in 2019,” according to a Jan. 8 letter to the Treasury Department from Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts.
Um, what does this have to do with a reduction in corporate tax rates?

Oh, and leave it to the left to find something wrong with letting folks keep more of their own money from their paycheck.
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