A paraprofessional noticed that the January 31 pay stub net pay is around $26 more than the January 16 amount. People were asking if there is a contractual raise or some rectroactive payment. No, I informed them that this is the new federal tax withholding from the Trump tax cut.
Ever the curious person, I went online to compare my own pay stubs from January 16 and January 31. As a teacher on maximum, my federal tax withheld went down $110.66 for January 31. I know things could change at the end of the year but something is wrong if a teacher making over $100,000 has a four times bigger actual dollar tax cut on a semi-monthly paycheck compared to someone making less than half of that.
I don't have specific examples but I am fairly certain that as we go up the income ladder, those tax cuts are going to be huge and make my $110 cut look like peanuts.
Making the rich richer is job one down in DC. Meanwhile, our infrastructure is crumbling, our schools are overcrowded, etc...
You can go to payroll portal to find out about your stub.
Anyone want to tell us how they did?