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Old 07-02-2003, 01:27 PM   #1
harleyquinn
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Join Date: November 25, 2002
Location: NY
Age: 48
Posts: 1,190
Ok, I know I've asked this a bunch of times already, but since this is the week that our income tax (in the US) is supposed to change, does anyone know where there's information on what your tax change should be?
I thought it was supposed to be retroactive, but I guess not. I want to try and find out what my new taxes should be though so I can plan accordingly.

Thanks all!!
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Old 07-02-2003, 02:49 PM   #2
Jan
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Sounds like someone's paying way too much [img]tongue.gif[/img]

Add me to that list.
 
Old 07-03-2003, 01:56 PM   #3
harleyquinn
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Bump
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Old 07-03-2003, 02:04 PM   #4
MagiK
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No idea where to find that number Harley but I can tell you that apparently I now receive approximately $30 per biweekly paycheck due to the cut. About $780 a year....but that is mostly because I bumped my pretax withholding a percentage point in anticipation. It would have been higher otherwise.


[ 07-03-2003, 02:05 PM: Message edited by: MagiK ]
 
Old 07-03-2003, 03:48 PM   #5
IronDragon
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Join Date: January 16, 2003
Location: Michigan
Age: 58
Posts: 419
You can find out just how much the bush tax cut will save you by going to:

http://www.heritage.org/research/fea...taxcalculator/

It includes a tax calculator and will give you a comparison of last year’s taxes and taxes after the cut.


My taxes will be lowered massively thanks to the Bush plan. My axes will be reduced by a whole $50. I’m not sure how best to invest this windfall. Should I invest this in gold? The stock market? Annuities?
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Old 07-03-2003, 03:51 PM   #6
Rokenn
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Join Date: January 22, 2002
Location: california wine country
Age: 60
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Quote:
Originally posted by IronDragon:
You can find out just how much the bush tax cut will save you by going to:

http://www.heritage.org/research/fea...taxcalculator/

It includes a tax calculator and will give you a comparison of last year’s taxes and taxes after the cut.


My taxes will be lowered massively thanks to the Bush plan. My axes will be reduced by a whole $50. I’m not sure how best to invest this windfall. Should I invest this in gold? The stock market? Annuities?
Lottery tickets? Or you could just put the whole stack on black at the local casino's roulette wheel [img]tongue.gif[/img]
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Old 07-03-2003, 04:11 PM   #7
IronDragon
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Quote:
Lottery tickets? Or you could just put the whole stack on black at the local casino's roulette wheel
Yeah but I’d have to win big real big to actually get something out of Bush’s tax cut.
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