Friday, December 11, 2009
Most people consider what they pay in taxes is what they have to pay on April 15th. The withholding tables were adjusted to allow an individual keep $13 more each week ($676 a year). But was anything done to insure that the savings, from the adjustment to the withholding tables, would not be taken back? How many people will find that their refund is less than prior years or they still owe more taxes than expected? To some it will seem like a tax increase. And most people will not buy that the change of withholding tables was a tax cut. Taxpayers will be so pissed off that polls will fall for democrats.