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Sr. Contributor
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Taxes Going Up? You Need To Look At This
Got a statement from the Department of Defense today. Noticed that starting March 1 my witholding tax will rise from $1.88 per month to just over $50. To me that seems like a very sizeable rate increase. Didn't get a raise last year. Actually my take home pay went down $1.88 and then this year didn't get a raise and now my take home pay will go down a little over $50 per month. At this rate in a few years I will be paying the government to say I retired from the military.
Be watching your pay stubs over the next month or two and see if your taxes also take a hefty jump. We have got to pay for all the wasteful spending and to try and repay China for all the money we owe them.
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Gene Cross, Jr. Boaz, Alabama KawaNOW/VBA #1181 Login or Register to Remove Ads |
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