Don't believe this snake called obama......All we see here is a cut in what is being withheld by the employer. But there is no mention of any actual tax cut in the tax tables. So what exactly is the point? We will still have to pay the same amount (and probably more) in taxes when they are due.
Funny didn't we go over this here recently, maybe it was another board where it was proven that there actually was a tax hike this year because of the shifting of the brackets in the tax tables.