Monday, April 20, 2009

Geee Wiz, thanks bo!

So most of you should have noticed a minimal decrease in your federal taxes a couple weeks ago. Well our lovely state of AZ has decided to increase our state tax effective 05/01/09. We knew this was coming with the spending spree going on but there is more to it than anyone will tell you. The state tax withheld is a percentage of the federal tax withheld. If less is being withheld from the federal, then that is also less money for the State so the State is trying to compensate. Gee-golly, you're one swell guy bo! He's going to get credit for "lowering taxes." I just think that's a bunch of crap!

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