CNN has updated their online tax calculator based on the current version of the tax bill. It only gives a rough estimate and is pretty broad but still gives an idea of the GOP tax scam impact on your income:
www.cnn.com/…
Anyways, if you have a few minutes give it a go and add your result to the poll below, I suspect most of us will be seeing smaller paychecks.
Just to be clear I am not anti-tax, I would gladly pay higher taxes to help the poor, build infrastructure and to provide the level of healthcare and services many other countries have. Now in this case it appears my taxes are going up in order that people at the very top can have a tax cut, likely the sort of people who would gladly kick out the ladder for the rest of us…
I am squarely in middle-class with no kids and live in a state with an income tax. According to this calculator my taxes are going up and my wife and I would have to make a lot more money before we saw a tax cut, almost double what we make now.