Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
"The goal of socialism is communism." - Vladimir Lenin/----/ I live on Long Island and my property taxes are $13k a year so I got to deduct $10k and I'm not angry.There’s more bad news for taxpayers. A government report has revealed that 11 million taxpayers are losing out on $323 billion worth of deductions due to a punishing change in President Donald Trump’s tax law.
The hard news comes after early filers were stunned by shrinking — to vanishing — tax refunds.
The deduction wallop detailed in the government report centers on capped deductions for state and local taxes — including real estate taxes. Formerly, all local taxes could be deducted from federal taxes; now it’s capped at $10,000, which particularly hurts homeowners in major metropolitan areas — especially in the Northeast and California — where housing tends to be more expensive.
The cap was imposed to help pay for huge tax cuts to corporations, whose tax rates were slashed from 35 percent to 21 percent.
The deduction hit is so staggering that it could end up swamping modest gains taxpayers had expected to enjoy due to tax cuts.
11 Million Taxpayers Losing $323 Billion In Deductions In Trump Tax Hit | HuffPost
How many votes did Trump win by in 2016 again?
I am glad to see you New York and Cakifornia wealthy paying your fair share.
I hope they break them.
The former leader of Russia.
He should know.
Vladimir Putin, Trump's boss, used to head the KGB.
Vladimir Putin - the first non elected leader of the United States of America.
How the hell do you lose money when you don't get money back from the government who took it from you in the first place?There’s more bad news for taxpayers. A government report has revealed that 11 million taxpayers are losing out on $323 billion worth of deductions due to a punishing change in President Donald Trump’s tax law.
The hard news comes after early filers were stunned by shrinking — to vanishing — tax refunds.
The deduction wallop detailed in the government report centers on capped deductions for state and local taxes — including real estate taxes. Formerly, all local taxes could be deducted from federal taxes; now it’s capped at $10,000, which particularly hurts homeowners in major metropolitan areas — especially in the Northeast and California — where housing tends to be more expensive.
The cap was imposed to help pay for huge tax cuts to corporations, whose tax rates were slashed from 35 percent to 21 percent.
The deduction hit is so staggering that it could end up swamping modest gains taxpayers had expected to enjoy due to tax cuts.
11 Million Taxpayers Losing $323 Billion In Deductions In Trump Tax Hit | HuffPost
How many votes did Trump win by in 2016 again?
How the hell do you lose money when you don't get money back from the government who took it from you in the first place?There’s more bad news for taxpayers. A government report has revealed that 11 million taxpayers are losing out on $323 billion worth of deductions due to a punishing change in President Donald Trump’s tax law.
The hard news comes after early filers were stunned by shrinking — to vanishing — tax refunds.
The deduction wallop detailed in the government report centers on capped deductions for state and local taxes — including real estate taxes. Formerly, all local taxes could be deducted from federal taxes; now it’s capped at $10,000, which particularly hurts homeowners in major metropolitan areas — especially in the Northeast and California — where housing tends to be more expensive.
The cap was imposed to help pay for huge tax cuts to corporations, whose tax rates were slashed from 35 percent to 21 percent.
The deduction hit is so staggering that it could end up swamping modest gains taxpayers had expected to enjoy due to tax cuts.
11 Million Taxpayers Losing $323 Billion In Deductions In Trump Tax Hit | HuffPost
How many votes did Trump win by in 2016 again?
You're saying the money the government took from you is ok as long as you get a certain amount of it back in the end. They still stole your money.
/——-/ New Yorkers are passive about stuff, they bitch, moan and complain but at the end of the day, they re-elect the bozos who screw them over./----/ I live on Long Island and my property taxes are $13k a year so I got to deduct $10k and I'm not angry.There’s more bad news for taxpayers. A government report has revealed that 11 million taxpayers are losing out on $323 billion worth of deductions due to a punishing change in President Donald Trump’s tax law.
The hard news comes after early filers were stunned by shrinking — to vanishing — tax refunds.
The deduction wallop detailed in the government report centers on capped deductions for state and local taxes — including real estate taxes. Formerly, all local taxes could be deducted from federal taxes; now it’s capped at $10,000, which particularly hurts homeowners in major metropolitan areas — especially in the Northeast and California — where housing tends to be more expensive.
The cap was imposed to help pay for huge tax cuts to corporations, whose tax rates were slashed from 35 percent to 21 percent.
The deduction hit is so staggering that it could end up swamping modest gains taxpayers had expected to enjoy due to tax cuts.
11 Million Taxpayers Losing $323 Billion In Deductions In Trump Tax Hit | HuffPost
How many votes did Trump win by in 2016 again?
I am glad to see you New York and Cakifornia wealthy paying your fair share.
I hope they break them.
Get angry and demand New York lower your taxes.
Why?Mine told me to expect a $2K tax increase.Anyone check their tax returns yet?
Get that big tax cut did ya?
My tax preparer told me to expect a much larger refund check this year. Part of the tax cuts were to lower the amount of taxable income for everybody. For people with dependents, even better.
We'll see in a couple weeks
Over and over year after year, I hear fair share, finally people will actually pay fair share and they are moaning. And suddenly they are quiet. Yo all you fair share cryers, where are you?What happened to fair share
I'm honestly kinda surprised they whined so much about taxes. Especially since it is their thing.
/——/ You silly goose. Libs mean others need to pay their fair share - not them personallyOver and over year after year, I hear fair share, finally people will actually pay fair share and they are moaningWhat happened to fair share
I'm honestly kinda surprised they whined so much about taxes. Especially since it is their thing.
They have now confirmed that/——/ You silly goose. Libs mean others need to pay their fair share - not them personallyOver and over year after year, I hear fair share, finally people will actually pay fair share and they are moaningWhat happened to fair share
I'm honestly kinda surprised they whined so much about taxes. Especially since it is their thing.
