Barrasso Touts Tax Cut Benefits
Written by Andrew-Rossi on February 16, 2018
Employers and payroll services across the nation are expected to begin implementing the new tax code this month.
Although the general consensus among some national experts is that the increase will be between $5 and $20 per week for most average wage earners, Wyoming Senator John Barrasso spoke on the Senate floor on Wednesday, explaining that the average worker making $60,000 a year will see over $100 extra in their paychecks this month. And he says that’s a big deal to the people of Wyoming.
Barrasso told the Senate that the tax relief law is really the same as a raise, adding that because of the new law, wages are increasing, bonuses are being distributed, and some utilities are cutting their rates.
Robert Basso, head of Advantage Payroll Services in New York, says that workers should see a bump in pay in late February or early March.