IRS season: did Trump deliver? Or was the tax cut fake news?

[the cac mamba]

im sure we'll be able to add news articles at some point, when most of america is disappointed with this but im curious how the tax cut went for everyone in here, just on an anecdotal basis

i made about 4 grand more this year. my 'return' went down 50 bucks, but turbo tax said the government took 5200 last year, and 4600 this year. which indicates a slight boost for me

anyone else file yet? surprise? disappointment?

 

[Pressure]

You got back 1 percent. I imagine this will be common for most people.

Not worth it.

 

[the cac mamba]

You got back 1 percent. I imagine this will be common for most people.

Not worth it.

id have to agree i doubt it's worth the increased debt. but im real curious how the country ends up perceiving this in a month or so, he might have delivered another talking point for the dems to hit him on

 

[wire28]

:trumpdumb:

 

[WaveMolecules]

made slightly more than the year before, got back slightly less than last year.

tax cuts werent for me anyway

​

 

[acri1]

Didn't do my taxes yet.

Usually don't until the 2nd week of April.

 

[T’Challa’s Heir]

I paid about 2K less this year than I did last year. My refund was 1/2 of last years. The extra 175 I took home per month makes up for the smaller refund. So it was a small benefit for me.

But there are a ton of people who don’t understand how taxes work, and are going to be pissed when their checks are smaller.

 

[Tommy Fits]

I think my wife and I owe about $100 but our tax burden was between $3000-$4000 less than the previous year, I don't have the exact numbers in front of be. But I owe because I try and set my taxes up to break even, I rather get more every paycheck than the lump sum and fukk giving the govt an interest free loan

 

[levitate]

I really won't be able to tell this year due to having way too many variables... Bought a home, pulled from our IRAs, didn't sell any stock, but got more in dividends.

It's just a mess of variables, so I won't be able to tell either way.

 

[BigMoneyGrip]

I consistently got back 12k up until last year before the tax cut

I just filed my taxes yesterday and I’m only getting back 6k.... so year this shyt is bullshyt, that tax cut fukked homeowners to high hell..

 

[the cac mamba]

I consistently got back 12k up until last year before the tax cut

I just filed my taxes yesterday and I’m only getting back 6k.... so year this shyt is bullshyt, that tax cut fukked homeowners to high hell..

what state you in?

 

[Dameon Farrow]

In 10 years we'll wish it was fake news. Getting too loose with tax cuts always bodes poorly for the long term economy.

 

[BigMoneyGrip]

what state you in?

NY..

 

[the cac mamba]

NY..

yeah, we all knew you guys were fukked i thought cuomo was passing some state relief

 

[FukkaPaidEmail]

Thought it would be common sense that returns would be lower.

Less taxes being held from checks = govt owing less at tax season.

This says more about the public than anything else