Starting which paycheck would I have started seeing decreased withholding? I only recall one change in withholding in the past year, and they actually withheld *more* (by a few bucks).
I just checked. Starting with my May 8 paycheck, my state withholding *increased* by $6.51. Nothing else -- including the federal withholding -- changed.
This "stimulus" is what -- a tax cut? If so, then I should still get what's coming to me (minus the time value of money) when I file my taxes next year, yes?
That your federal withholding didn't decrease does not.
Yes, you should still get what is coming to you next April. And/or you can try and find out from your company's treasurer why you didn't see a change downward in Federal withholding in April.
I had to go look. No change in federal withholding for me, but there was a bump after I hit the social security cap. Not that it matters - my spending is based on longer-term forecasting than my current paycheck.
i did notice and it was so small as to be almost irrelevant (at least for me). I think it was like $20-$30 per biweekly paycheck but I am not totally sure.
I didnt say it didnt go to use. All I said is it was small enough to not be relevant to me. I would have preferred getting a $600 check lump sum.
As more anecdotal proof..Carols dad sent her a $400 check as a house gift for us moving into a new home. She took that and went out and spent $425 as a direct result (math continues to be hard for Carol :-)).
Our spending habits have not changed based on the Obama cut
Re: In the theme of things ...jpmassarAugust 18 2009, 03:53:56 UTC
In some extremely tenuous way, sort of maybe. I'm writing code for a Professor of Biology who has an NSF grant which is only meta-related to biology research.
Our school district brought in a new math curriculum for next year. One that actually looks good enough so I can use it, instead of improvising all my lessons. No stimulus money was spent directly on that.
However, adapting that curriculum to the needs of the local and sate bureaucracy, as well as giving teachers some advanced familiarity with the material was well worthwhile. The stimulus bill paid for two weeks of training for about a third of the math teachers in the district, in which we both got practiced at teaching with the very different style the curriculum calls for and developed a lot of the needed boilerplate paperwork (which is largely attributable to NCLB) that all math teachers will have to use. That will allow the teachers to put more of their energy to actually teaching.
So two weeks of employment doing something remarkably useful.
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You might want to check it out. Maybe someone made an error.
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This "stimulus" is what -- a tax cut? If so, then I should still get what's coming to me (minus the time value of money) when I file my taxes next year, yes?
Reply
That your federal withholding didn't decrease does not.
Yes, you should still get what is coming to you next April.
And/or you can try and find out from your company's treasurer
why you didn't see a change downward in Federal withholding in April.
Reply
Reply
Reply
And if you really aren't going to notice the $600, just send it on
this-a-way. I'll be happy to stimulate the economy with it.
(-:
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As more anecdotal proof..Carols dad sent her a $400 check as a house gift for us moving into a new home. She took that and went out and spent $425 as a direct result (math continues to be hard for Carol :-)).
Our spending habits have not changed based on the Obama cut
Reply
Reply
I'm writing code for a Professor of Biology who has an NSF grant
which is only meta-related to biology research.
Reply
However, adapting that curriculum to the needs of the local and sate bureaucracy, as well as giving teachers some advanced familiarity with the material was well worthwhile. The stimulus bill paid for two weeks of training for about a third of the math teachers in the district, in which we both got practiced at teaching with the very different style the curriculum calls for and developed a lot of the needed boilerplate paperwork (which is largely attributable to NCLB) that all math teachers will have to use. That will allow the teachers to put more of their energy to actually teaching.
So two weeks of employment doing something remarkably useful.
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