LOL! What should I notice in today’s paycheck but a $13.43 pay cut?
So I enquire of our business manager…whazzat? She forwards the following:
State increases tax withholding rates
The Arizona state income tax withholding rates will increase effective May 1, 2009. ASU employees’ paychecks issued on May 8 will reflect the new tax rates mandated by Arizona Senate Bill 1185, which was signed into law April 9, 2009. The Senate bill amends the amounts required to be withheld for Arizona state withholding tax as a percentage of an employee’s federal withholding tax.
Between May 1 and Dec. 31, 2009, the withholding rates will increase. Between Jan. 1, 2010, and June 30, 2010, the withholding rates will decrease. Please consult your personal tax professional if you need further assistance.
Decreasing the withholding rate won’t help those of us who are to be canned on or before December 31, such as, say, moi. Given these chuckleheads’ rabid opposition to any kind of tax increases—and heaven forFEND any increases on the businesses here who help to keep this a right-to-work (for nothing) state—it certainly is inspiring. Notice how they get around admitting it is a tax increase by changing the old way the state figured taxes to a percentage of federal income taxes.
So in addition to the furloughs and layoffs, the kookocracy brings us yet another pay cut.