Opinion · 115th Congress
Opinion: The Only 2018 Political Tax Guide You’ll Ever Need
A: Trump has promised that the over-taxed IRS will issue new withholding schedules by February.
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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.
Within weeks after the passage of the bill, the IRS would adjust withholding schedules for all taxpayers.
A swoosh of Trump’s pen at a signing ceremony and the withholding schedules for tens of millions of working Americans could be changed almost instantly.