How much will your net take home pay change because of the Tax Cuts and Jobs Act of 2017 becoming law?
This is the third of three tools that we've built to do paycheck-related math in 2018, and is the only one that goes straight to the bottom line in showing how different your take home pay may be because of the new tax law. If you want greater detail into all the major parts of where your money goes in your paycheck, be sure to check out the previous two tools that we've developed:
- Your Paycheck in 2018, Before the Tax Cuts Kick In
- Your Paycheck in 2018, After the Tax Cuts Kick In
In this version, we've stripped down the inputs and outputs to just the bare essentials, just to get at the bottom line answer that many Americans are seeking. Please enter the indicated information into the table below, click "Calculate" to get your results, and hopefully, you'll be pleased by the results. [If you're reading this article on a site that republishes our RSS news feed, please click through to our site to access a working version.]
Previously on Political Calculations
We've been in the business of calculating people's paychecks (not including state income tax withholding) since 2005!
- Your 2005 Paycheck
- Your 2006 Paycheck
- Your 2007 Paycheck
- Your 2008 Paycheck
- Your 2009 Paycheck
- Your Paycheck in 2010
- Your Paycheck in 2011
- Your Paycheck in 2012
- Your Paycheck in 2013: Part 1 - the "same as 2012" version.
- Your Paycheck in 2013: Part 2 - the "over the fiscal cliff" version.
- Your Paycheck in 2013: Part 3 - the "post-fiscal cliff deal" version.
- Your Paycheck in 2014
- Your Paycheck in 2015
- Your Paycheck in 2016
- Your Paycheck in 2017
- Your Paycheck in 2018, Before the Tax Cuts Kick In
- Your Paycheck in 2018, After the Tax Cuts Kick In
- The Bottom Line for Your 2018 Paycheck After the Tax Cuts
Labels: personal finance, taxes, tool
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
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