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Hoosier Econ

Austrian Economics in a Hoosier World

January 27, 2018January 27, 2018 by Hoosier Econ

GOP Tax Cut Plan Is Hitting Americans Paychecks And Social Media Is Reacting

Business, Economics, Financial, Indiana, Indianapolis, Internal Revenue Service, Money, Uncategorized, United States Government
Democrats, Donald Trump, GOP, IRS, Money, paychecks, tax cuts
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The GOP tax cut happened in December. Americans would not see their tax cuts until February.

Now the payroll month is approaching and people who only thought corporations got the tax cut are pleasantly surprised(see below). Best of luck to the Democrats in 2018 wanting to reverse this tax cut as policy for midterm elections.

James, I got my paycheck today..guess what..it is 150.00 dollars higher than before tax cuts. Thank you President Trump

— catherine nagle (@trekaner51) January 26, 2018

Received My first paycheck since Pres Trumps tax cuts. I will now bring home an extra $250 a mth. THANK YOU Pres Trump!

— Bedlambricklayer (@bedlambrick) January 26, 2018

Just received my first paycheck including the tax cuts! All I can say is thank you thank you @POTUS @GOP #TaxCuts 🇺🇸🙌🏼

— Lisa (@LisaHNoble) January 19, 2018

First paycheck post tax cuts. I get to keep $129.86 more of my money. Nancy and Debbie says crumbs! pic.twitter.com/Phc8EhgcVk

— 🌻 Houston Welder 🌻 (@HoustonWelder) January 27, 2018

I got a raise myself this week. Plus, after doing the math, I'll be keeping an extra 26.00 out of my paycheck every week starting Feb thanks to tax cuts. This year is starting off Awesome!!

— Gilbert Dean O'String (@GilOString1) January 27, 2018

Who woke up to a fatter paycheck this morning because of the tax cuts? I did, and it was a nice chunk. Now I just need to commit to wisely using that unexpected money, and pay down debt. Check me at the bar, friends, I’m NOT buying rounds! HAHA. 🤓🍻😁🍻☺️

— Jeanie 🚴‍♀️ (@Cycling_Forward) January 27, 2018

Did the math today. Personally my paycheck will be raised by $24 biweekly thanks to the tax plan. That's 1 weeks worth of gas, every 2 weeks. Is rather them keep the $24 and not give the rich tax cuts. #DumpTrump https://t.co/5FwUB8MGRF has the tax % available. #Impeach45

— Mara Mason (@Mara_Mason) January 27, 2018

I am not a billionaire or millionaire but am enjoying the awards of tax cuts. So far an extra $100 per weekly paycheck!

— PoisonIvy (@PoisonIvy1114) January 27, 2018

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