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

thelonious21

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Withholding tables were changed to front load more income into paychecks

For most people if they do the math with tax liability and the extra cash every month they had a net positive 2018 over 2017

Unfortunately most people who look at their refunds as free money as opposed to a 0 percent interest loan arent sophisticated enough to understand their refund was basically spread throughout their year

Thus they are unhappy they netted 3000 in actual refund instead of the 4000 from last year but in reality their real refund was 5000 but the delta of 1000 was put into their paychecks instead of being withheld

nikka what?!
i saw ... fukking MAYBE an extra 20 dollars.. fawk you mean
 

yseJ

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his tax cuts raised my highest tax rate, fukked my deductions for high ass CA state taxes, fukked my mortgage interest and property tax deduction not accounting for high ass housing costs in CA, only thing going for me is a quit my job in july so i was overtaxed for the first half of the year.
we are fukked in cali anyway for taxes.

having no dependents and being single and making 6 figure salary Im getting taken to cleaners by taxes :francis: wouldnt be surprised when taking rent into account I can make way more after taxes somewhere in Austin or Raleigh doing same tech stuff :francis:
 

Ghost Utmost

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I hate this motherfukcer with everything in me and I am truly sad that he was able to win

I like money. I am scared to even do my taxes after reading this

But somewhere deep down I feel joy at the people who supported him now realizing he's not shyt

"I trusted you" ????

FOR WHAT? This crazy mf lies about the lie he just said at the beginning of the current sentence.

How could you possibly trust someone who sheds lies like the sun sheds sunshine?

Now hopefully they will reject stupidity altogether and become good people.

That's what is at the heart of America's downturn. People are acting based on bad information. And they see no value in facts so they just decide on the ideals that sound like the most benefit for themselves and they move based on that.

But guess what genius? You're not smart enough to just IMAGINE what the Universe is like. Only people like Einstein can actually use their brain as a virtual lab. No dum dum YOU are gonna have to study your ass off to figure things out

Study

Read

Use LOGIC

The problem with ignoring reality is simple

Reality won't ignore you for very long at all
 

Tommy Fits

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Just goes to show a lot of people don't have any idea how taxes work. Im not going to attack them because I was in the same boat a few years ago. I can't stress the importance of having a basic understanding of taxes. People are going to be in for a shock because the withholding tables changed, you might of been taking home more but in a lot of cases that is also your tax refund money
 

the cac mamba

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Just goes to show a lot of people don't have any idea how taxes work. Im not going to attack them because I was in the same boat a few years ago. I can't stress the importance of having a basic understanding of taxes. People are going to be in for a shock because the withholding tables changed, you might of been taking home more but in a lot of cases that is also your tax refund money
yeah, but i wont be mad if trump and mnuchin vastly overestimated the intelligence of the american public :ehh: could have given the dems a gift basket
 

Tony D'Amato

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I handle my moms taxes, haven't did them yet. But those mortgage deductions are gonna hurt. I remembered thinking do Republican voters even realize what this idiot is doing? They own homes too. I wont be shocked to see Pelosi get blamed for this somehow.
 

Tommy Fits

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I handle my moms taxes, haven't did them yet. But those mortgage deductions are gonna hurt. I remembered thinking do Republican voters even realize what this idiot is doing? They own homes too. I wont be shocked to see Pelosi get blamed for this somehow.
A lot of them do realize what he's doing but they rationalize it by saying maybe the high tax States will finally do something about how much they're paying in local taxes
 

Tony D'Amato

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A lot of them do realize what he's doing but they rationalize it by saying maybe the high tax States will finally do something about how much they're paying in local taxes
Well another thing that pusses me off is that this POS probably lowered his own taxes. We have no clue, and that seems to be perfectly fine for his followers
 
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