video February 12, 2018 Dave Ramsey Show: How the New GOP Tax Bill Affects You? Posted by in Facebook's Pentecostal Theology Group View the Original Post affectsbilldavegopramseyshowtax Previous articleFalse Doctrines in John MacArthur’s Strange Fire, by Eddie Hyatt Next articleHow Jesus dealt with fake news? You may also like November 14, 2018 A Letter from the People of the Cross to #ISIS November 13, 2018 What scripture says Heaven is a planet? 27 Comments Reply February 12, 2018 Troy Day This may be young mens game after all Jim Price Reply February 15, 2018 Troy Day anything Jim Price 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 Reply February 22, 2018 Jimmy Humphrey Mine is different and so is my wife’s. Can’t speak for you Reply February 22, 2018 Troy Day Did you get more money then? Reply February 22, 2018 Jimmy Humphrey Troy Day yup. Overall we are netting $225 per month more Reply February 22, 2018 Troy Day specifics pls – do this surplus come from federal, state, medical or your company Reply February 22, 2018 Jimmy Humphrey Troy Day I just told you what our monthly net increase is. 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? Reply February 22, 2018 Jimmy Humphrey Troy Day Federal taxes Reply February 22, 2018 Jimmy Humphrey I forget the exact percentage. It went from 8.x or 9 to 7.x. 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 Reply February 22, 2018 Jimmy Humphrey Troy Day I’m not sure 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 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 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. Reply February 22, 2018 Troy Day What is this matter with tax withheld from paycheck right now? Reply February 22, 2018 Daniel Rushing What do you mean? 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. 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? 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 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 Reply February 22, 2018 Troy Day But Jimmy No difference compared with December 2017 7.65% then 7.65% now This makes no sense Reply February 22, 2018 Jimmy Humphrey Troy Day I cannot explain your situation. Mine is different. Consult an accountant Reply February 22, 2018 Troy Day I just did 🙂 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. Reply February 23, 2018 Troy Day main question is church and church employees Leave a Reply Click here to cancel reply. Leave a Reply to Troy Day Cancel reply Comment Name Email Website This site uses Akismet to reduce spam. Learn how your comment data is processed.