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And, in truth, we will not have a clear sense of how it is playing politically until the yet-to-be-issued 2018 tax withholding schedules produce adjustments in the size of paychecks.
Committee schedules are full. Nominations and legislation are moving, including the FISA reauthorization bill that the president attacked on Twitter before Speaker Paul D.
A: Trump has promised that the over-taxed IRS will issue new withholding schedules by February.
And Trump’s claim that a typical family “earning $75,000 will see an income tax cut of more than $2,000” will soon be tested by the realities of the new withholding schedules.
If so, will middle-class voters feel that they have more take-home pay when the new 2018 withholding schedules are calculated?What will be Donald Trump’s approval rating?
Within weeks after the passage of the bill, the IRS would adjust withholding schedules for all taxpayers.