Taxpayer, Beware!
| There will probably come a time in the next few weeks when you'll look at your paycheck, notice that the take-home dollar amount is a little bit higher and the "federal withholding" amount is a little lower, and you'll experience a feeling of contentment. It's been a hard year. The economy stinks, your property taxes have gone way up, as have your state and local taxes, and your kids' college tuition ... no, let's not talk about your kids' tuition. But, hey, the President and Congress have pushed through that tax cut--the largest since the Reagan tax cut of 1981, no less--and you're seeing the happy result already right there on your paycheck. You may even be moved to say, Thank you, Uncle Sam, for cutting me a little slack. |
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