Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Survey finds few workers notice new take-home pay boost from tax cut

Subscribe to our Newsletters

The boost in take-home pay from the Republican-passed tax-cut bill is starting to show up in many workers’ paychecks. But how aware are taxpayers of the change? Many employers began reducing tax withholding in February. But a new survey from Bankrate.com finds that many workers haven’t noticed the change, which may lead them to spend the extra income unwittingly, rather than use it to pay down debt or save for a rainy day.  

Click the audio player above to hear the full story. 

What's Next

Latest Episodes From Our Shows

Listen
7:30 AM PDT
9:08
Listen
2:51 AM PDT
5:22
Listen
7:39 AM PDT
1:50
Listen
Aug 10, 2022
17:39
Listen
Aug 10, 2022
27:48
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version