Dave Ramsey Show: How the New GOP Tax Bill Affects You?

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27 Comments

  • Troy Day
    Reply February 12, 2018

    Troy Day

    This may be young mens game after all Jim Price

  • Troy Day
    Reply February 15, 2018

    Troy Day

    anything Jim Price

  • Troy Day
    Reply February 22, 2018

    Troy Day

    SO SORRY to put it so plainly Jim Price Jimmy Humphrey Ed Brewer Daniel Rushing BUT got pay check today (some of us preach for free and work for living you see) AND lo and beheld the TRUTH

    total % withheld for taxes FEB 2018 7.65%
    exactly as % withheld for taxes DEC 2017 7.65%

    SO much for all that more money in your pocket junk

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Mine is different and so is my wife’s. Can’t speak for you

    • Troy Day
      Reply February 22, 2018

      Troy Day

      Did you get more money then?

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day yup. Overall we are netting $225 per month more

    • Troy Day
      Reply February 22, 2018

      Troy Day

      specifics pls – do this surplus come from federal, state, medical or your company

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day I just told you what our monthly net increase is.

    • Troy Day
      Reply February 22, 2018

      Troy Day

      I am asking where it came from? Was your federal tax lowered, or medical or state? Or your company got tax relief and increased your pay?

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day Federal taxes

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      I forget the exact percentage. It went from 8.x or 9 to 7.x.

    • Troy Day
      Reply February 22, 2018

      Troy Day

      Thank you So private Christian companies under the same tax umbrella are screwed No increase for them – yet they get taxed

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day I’m not sure

    • Troy Day
      Reply February 22, 2018

      Troy Day

      For them it was already 7.65 SO it doesnt benneifit churches one little but Just want clarify that Scotty Searan

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Collectively last year my wife and I made over 100k between the two of us. I don’t know what you make, but if you are in a lower tax bracket and can claim kids, your situation might be different

    • Daniel Rushing
      Reply February 22, 2018

      Daniel Rushing

      I discovered why mine isn’t changing much. Housing allowance! Since it is not taxable, and it’s close to half of my salary package, federal withholding is already minimal.

    • Troy Day
      Reply February 22, 2018

      Troy Day

      What is this matter with tax withheld from paycheck right now?

    • Daniel Rushing
      Reply February 22, 2018

      Daniel Rushing

      What do you mean?

    • Jim Price
      Reply February 22, 2018

      Jim Price

      7.65% is the amount taken out for your social security retirement fund, the Employer matches that with 7.65% so this was not and is not influenced by the new tax laws. Those numbers won’t show up until 2019.

    • Troy Day
      Reply February 22, 2018

      Troy Day

      Sorry my comment was to Jimmy What is the tax bracket have to do with how much is withheld right now month to month?

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day if you are in a higher tax bracket your taxes will be different on your federal tax witholdings as your company takes out taxes at a level consistent with your pay. If you make more they take more out

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Which really sucks for overtime pay by the way. When I have OT on a check they tax me at a higher rate because they presume I’ll be in a higher bracket

    • Troy Day
      Reply February 22, 2018

      Troy Day

      But Jimmy No difference compared with December 2017 7.65% then 7.65% now This makes no sense

    • Jimmy Humphrey
      Reply February 22, 2018

      Jimmy Humphrey

      Troy Day I cannot explain your situation. Mine is different. Consult an accountant

    • Troy Day
      Reply February 22, 2018

      Troy Day

      I just did 🙂

    • Scotty Searan
      Reply February 23, 2018

      Scotty Searan

      Troy Day I am retired and I do not get taxes withheld. So I don’t know. But I will talk to my son and compare his check percentages.

    • Troy Day
      Reply February 23, 2018

      Troy Day

      main question is church and church employees

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