Ok, let's forget everything I have said to this point in this thread and try again.
1. True or False: The change in the tax-tables to take affect in April reduces the amount withheld from my check making my check bigger. TRUE
2. True or False: If the answer to #1 is True, then doesn't it follow that this time next year my W-2 will show a higher income?FALSE
Wow, Richard. Don't know where to begin here.
3. True or False: If #2 is True, then isn't it more likely that I will have to pay in because my income is higher and I am under-withheld this year? N/A, since #2 is FALSE
4. True or False: If I change the number of deductions on my W-4 I can correct the under-withheld condition so I don't have to pay in so much next year? HA HA HA HA HA HA HA HA
Hope these answers helped. If you don't believe me, ask Wendy W. She's more patient than me, I think... she may break it down for you.
Or read a book or something. Sheesh.
Oh yeah, you're the same voracious reader who believes that the CRA caused the mortgage meltdown and a 3% increase in a taxpayer's marginal tax rate = "SOCIALISM."
Never mind. Don't read a book on the subject, you wouldn't be able to understand it.