Spending Spree!?

7 Feb

Image result for Treasury Secretary Steven Mnuchin and his wife posing with money

House Majority Leader, Paul Ryan, tweeted recently that “a secretary at a public high school in Lancaster, PA, said she was pleasantly surprised her pay went up $1.50 a week …  she said [that] will more than cover her Costco membership for the year.”

That’s 78 bucks per year and Treasury Secretary Steven Mnuchin, pictured above with his lovely wife and their lovely trophy (or is that trophy wife and their lovely money?) said that 90 percent of American workers will see some kind of an increase in their take-home pay.

My increase was $7.38 per week for a total tax break of 384 big ones! But of course I have not filed my taxes for 2018 yet because it’s not 2019 yet so I still have to wait a whole year to see how much of the 384 dollar yearly raise I will actually be able to keep. All of it? Some of it? Will I have to give it back plus some because of the other changes to my tax deductions? After all I live in… New Jersey!!!!

Anyway, if you read this blog I would be interested to know what your tax break looks like…

If you would like to share, please leave the size of your weekly pay increase (or bi-weekly or monthly if you choose) in the comments column. I’d be interested to see a cross section of readers and their “raises”. Thanks!

One Response to “Spending Spree!?”

  1. Dana Ellington, MAPW February 7, 2018 at 1:04 pm #

    I was pleasantly surprised by the addition of $20 a week. I’m positive I’ll have to pay that back and then some. sigh.

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