Blues Man
Diamond Member
- Aug 28, 2016
- 35,513
- 14,901
- 1,530
These stupid Moon Bats don't understand the difference between a tax refund and an effective rate.
The effective rate for all but a few Americans went down under Trump's great tax refund.
Moon Bats are confused about things like this. They are confused about a lot of things.
I call bullshit on the effective rate going down. Yes, the standard deduction doubled. But personal exemptions disappeared. And the standard deduction was applied against itemized deductions, which you could use AND still get the personal exemptions. Any family with two kids that used the standard deduction got shit. And anyone with two kids or more that itemized deductions that were under twenty thousand got shit. And any family, with or without kids, that paid a lot in state income taxes got shit.
And the "adjustment" to the withholding tables was a complete and total scam. Your tax withholding is determined by your status. MI, or SI, or M2 etc. The M or S stands for single or married. But the number stands for the number of exemptions you have. Now EVERYONE has ZERO exemptions. So if the IRS withheld less from a M3 than an M1, and they did, then they knew good and well they were perpetuating a fraud.
What kind of nation increases the effective tax rate on middle income families with children in order to lower the effective tax rate of millionaires and how can that not be nothing less than income redistribution?
Why should people with kids pay less tax than people without kids?
People with kids use more government services
Those kids are the future of this nation. Investment in them, by the government, the community, and the parents, has always been the driving force behind America's "exceptionalism". If we really want to make America great again then we should return the percentage of the government budget devoted to our children to the levels they used to be. As it is, interest payments on the national debt will soon exceed the amount of money spent on children, the very children that will be responsible for paying off that debt. That is beyond stupid.
Pay for your own kids