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 feces has hit the fan at tax refund time as low and middle-class Americans are finding that Trump has his hand in their pocket and has stolen money from their refunds.
The wealthy are still doing just fine. The lies about the Trump tax cuts is now exposed that the low and middle class are financing the tax cuts for the wealthy people and corporations.
Donald Trump won't be able to spin his way out of the tax cut lie.
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter | HuffPost
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter
Many workers who had always gotten a refund find out they now owe the IRS.
headshot
By Mary Papenfuss
Average tax refunds were down last week 8.4 percent for the first week of the tax season over the same time last year, according to the Internal Revenue Service. Dipping refunds are inflaming a growing army of taxpayers stunned by the consequences of the Trump administration’s tax law — and the effects of the partial government shutdown.
The average refund check paid out so far has been $1,865, down from $2,035 at the same point in 2018, according to IRS data. Low-income taxpayers often file early to pocket the money as soon as possible. Many taxpayers count on the refunds to make important payments, or spend the money on things like home repairs, a vacation or a car.
The IRS had estimated it would issue about 2.3 percent fewer refunds this year as a result of the changes in the federal tax law, according to Bloomberg. MSNBC reports that 30 million Americans will owe the IRS money this year — 3 million more than before Trump’s tax law.
“There are going to be a lot of unhappy people over the next month,” Edward Karl of the American Institute of CPAs told Politico. “Taxpayers want a large refund.” Some 71 percent of taxpayers received refunds last year worth about $3,000 on average, according to Karl.
Scads of taxpayers are complaining on Twitter that they have always received a refund — but now owe the IRS instead. ...
I try o get state and federal to cancel each other out o that I pay very little. Rather have the extra $100 or so in my check every week.No, Congress passed legislation that made the old tables irrelevant, and Treasury updated the tables to conform with the law. The reason the tax refunds are lower is because less withholding was drawn from their paychecks because of the tax cut they enjoyed, but how can people stupid enough to make interest free loans to the federal government all year be expected to understand that?In conformance with the tax reforms passed by Congress.the new tax tables and code changes were put in place by congress, Trump did not write any of it, he signed the bill. If you want to blame someone, start with Paul Ryan.
The withholding tables were not put in place by Congress. That was the Treasury Department.
They could have left the original tables in place and made the new table optional. Apparently the Treasury Department wanted to reduce tax refunds when they put the withholding tables in place.
Again, the reason the tax refunds are lower is that the people paid less in taxes during the year.
They were not irrelevant. It was a strictly political decision so voters would see the supposed tax cuts in their checks. People have not been impressed. The Treasury could have left the old tables in place and people could have gotten bigger refunds. Then people could have chosen whether they want less or the same amount withheld next year. Instead some people are going to be owing money instead of getting refunds. Again interest rates are still so low that the interest taxpayers are foregoing might not even buy chewing gum.
If they want to they can see the tax tables online, and they will see they paid less in taxes so their refunds were smaller. I understand you are hard pressed to find some fault with the tax reform that has energized the economy and benefited all Americans, but you do realize you are trying to convince people to feel bad about paying less in taxes, don't you?I'm sure you can find the old tax tables online if you really want to see them, but what you will find is that under the old tables you would have paid more in taxes and therefore would have gotten back more in refunds.No, Congress passed legislation that made the old tables irrelevant, and Treasury updated the tables to conform with the law. The reason the tax refunds are lower is because less withholding was drawn from their paychecks because of the tax cut they enjoyed, but how can people stupid enough to make interest free loans to the federal government all year be expected to understand that?They could have left the original tables in place and made the new table optional. Apparently the Treasury Department wanted to reduce tax refunds when they put the withholding tables in place.
Again, the reason the tax refunds are lower is that the people paid less in taxes during the year.
They were not irrelevant. It was a strictly political decision so voters would see the supposed tax cuts in their checks. People have not been impressed. The Treasury could have left the old tables in place and people could have gotten bigger refunds. Then people could have chosen whether they want less or the same amount withheld next year. Instead some people are going to be owing money instead of getting refunds. Again interest rates are still so low that the interest taxpayers are foregoing might not even buy chewing gum.
I don't need to look them up as I know that is exactly what would have happened. It might also have been better politics for people to see larger refunds.
The only people who paid more taxes are upper income homeowners who live in states with high property taxes. What is sad is that the tax reform along with deregulation has energized the economy so it is now growing at a robust rate and creating new jobs at an astonishing rate, including the largest number of manufacturing jobs since the boom years of the 1990's and the Democrats are opposed to everything that is benefiting all Americans.No we don't have to move any place asshole so go fuck yerself. We will stay here and demand change...If you dont like the tax cuts, do what the hollyweird elite promised to do, and move to Canada. See how much of YOUR money, if you actually work, goes to the government and you get nothing in return...Stupid liberals, the most redundant statement of all.You're missing the point. People aren't counting on their tax returns.
People are upset because Trump promised them middle class tax cuts, and delivered increases instead.
You already demanded change. They raised taxes on the rich who live in states with high state and local taxes. Why are you now pissed off at yourself?
They also raised taxes on people who are not rich and live in blue states. The rich got the vast majority of the tax cuts.
What planet do you live on?The only people who paid more taxes are upper income homeowners who live in states with high property taxes. What is sad is that the tax reform along with deregulation has energized the economy so it is now growing at a robust rate and creating new jobs at an astonishing rate, including the largest number of manufacturing jobs since the boom years of the 1990's and the Democrats are opposed to everything that is benefiting all Americans.No we don't have to move any place asshole so go fuck yerself. We will stay here and demand change...If you dont like the tax cuts, do what the hollyweird elite promised to do, and move to Canada. See how much of YOUR money, if you actually work, goes to the government and you get nothing in return...Stupid liberals, the most redundant statement of all.
You already demanded change. They raised taxes on the rich who live in states with high state and local taxes. Why are you now pissed off at yourself?
They also raised taxes on people who are not rich and live in blue states. The rich got the vast majority of the tax cuts.
That is not true. The economy was improving under Obama.. It had nothing to do with Obama or Trump. Manufacturing jobs started coming back under Obama because companies found advantages to manufacturing in the US such as cheap natural gas and maintaining netter control over their manufacturing. These areas with high local taxes are not just found in blue states. Some suburban areas in red states could see taxpayers paying higher taxes because of local taxes as well. Americans largely oppose what Trump has done in regards to taxes and deregulation.
Fake news begets rewritten history it seems. You're full of shit.The only people who paid more taxes are upper income homeowners who live in states with high property taxes. What is sad is that the tax reform along with deregulation has energized the economy so it is now growing at a robust rate and creating new jobs at an astonishing rate, including the largest number of manufacturing jobs since the boom years of the 1990's and the Democrats are opposed to everything that is benefiting all Americans.No we don't have to move any place asshole so go fuck yerself. We will stay here and demand change...If you dont like the tax cuts, do what the hollyweird elite promised to do, and move to Canada. See how much of YOUR money, if you actually work, goes to the government and you get nothing in return...Stupid liberals, the most redundant statement of all.
You already demanded change. They raised taxes on the rich who live in states with high state and local taxes. Why are you now pissed off at yourself?
They also raised taxes on people who are not rich and live in blue states. The rich got the vast majority of the tax cuts.
That is not true. The economy was improving under Obama.. It had nothing to do with Obama or Trump. Manufacturing jobs started coming back under Obama because companies found advantages to manufacturing in the US such as cheap natural gas and maintaining netter control over their manufacturing. These areas with high local taxes are not just found in blue states. Some suburban areas in red states could see taxpayers paying higher taxes because of local taxes as well. Americans largely oppose what Trump has done in regards to taxes and deregulation.
Republicans finally told the blue states that they should pay as much federal tax as the lower taxed red states. Why should the poor have to pick up more of the tab from a liberal blue state? You dimwitocraps, sure did want tax FAIRNESS, until it came to a state near you...more evidence that these leftists have no idea how taxes work. They don't get it that for eleven months you received 400 a month more from the tax cut received for use throughout the year, that your end of year refund would be minus the 400 times eleven months of received money you could use to invest and actually make more money. Only on the left. wow, the stupid is so powerful with these leftists.The feces has hit the fan at tax refund time as low and middle-class Americans are finding that Trump has his hand in their pocket and has stolen money from their refunds.
The wealthy are still doing just fine. The lies about the Trump tax cuts is now exposed that the low and middle class are financing the tax cuts for the wealthy people and corporations.
Donald Trump won't be able to spin his way out of the tax cut lie.
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter | HuffPost
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter
Many workers who had always gotten a refund find out they now owe the IRS.
headshot
By Mary Papenfuss
Average tax refunds were down last week 8.4 percent for the first week of the tax season over the same time last year, according to the Internal Revenue Service. Dipping refunds are inflaming a growing army of taxpayers stunned by the consequences of the Trump administration’s tax law — and the effects of the partial government shutdown.
The average refund check paid out so far has been $1,865, down from $2,035 at the same point in 2018, according to IRS data. Low-income taxpayers often file early to pocket the money as soon as possible. Many taxpayers count on the refunds to make important payments, or spend the money on things like home repairs, a vacation or a car.
The IRS had estimated it would issue about 2.3 percent fewer refunds this year as a result of the changes in the federal tax law, according to Bloomberg. MSNBC reports that 30 million Americans will owe the IRS money this year — 3 million more than before Trump’s tax law.
“There are going to be a lot of unhappy people over the next month,” Edward Karl of the American Institute of CPAs told Politico. “Taxpayers want a large refund.” Some 71 percent of taxpayers received refunds last year worth about $3,000 on average, according to Karl.
Scads of taxpayers are complaining on Twitter that they have always received a refund — but now owe the IRS instead. ...
The reason that the tax withholding tables were revamped was because of politics. Republicans wanted to play politics and show people their tax cuts such as they were. The Treasury apparently wanted to reduce or eliminate tax refunds when they revamped the tax tables. It would have been better to leave the old tables in place and let people get their refunds and see if they wanted to reduce their withholding.
Bwaaaahhhhhaaaaa, when Rasmussen was showing Trump down, this idiot was there touting how great Ras was, now.....Typical fucking hypocrite..
Rassmussen?
LOL!
Why not just use a Breitbart poll?
Same result. FALSE.
,
,
,
Republicans finally told the blue states that they should pay as much federal tax as the lower taxed red states. Why should the poor have to pick up more of the tab from a liberal blue state? You dimwitocraps, sure did want tax FAIRNESS, until it came to a state near you...more evidence that these leftists have no idea how taxes work. They don't get it that for eleven months you received 400 a month more from the tax cut received for use throughout the year, that your end of year refund would be minus the 400 times eleven months of received money you could use to invest and actually make more money. Only on the left. wow, the stupid is so powerful with these leftists.The feces has hit the fan at tax refund time as low and middle-class Americans are finding that Trump has his hand in their pocket and has stolen money from their refunds.
The wealthy are still doing just fine. The lies about the Trump tax cuts is now exposed that the low and middle class are financing the tax cuts for the wealthy people and corporations.
Donald Trump won't be able to spin his way out of the tax cut lie.
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter | HuffPost
Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter
Many workers who had always gotten a refund find out they now owe the IRS.
headshot
By Mary Papenfuss
Average tax refunds were down last week 8.4 percent for the first week of the tax season over the same time last year, according to the Internal Revenue Service. Dipping refunds are inflaming a growing army of taxpayers stunned by the consequences of the Trump administration’s tax law — and the effects of the partial government shutdown.
The average refund check paid out so far has been $1,865, down from $2,035 at the same point in 2018, according to IRS data. Low-income taxpayers often file early to pocket the money as soon as possible. Many taxpayers count on the refunds to make important payments, or spend the money on things like home repairs, a vacation or a car.
The IRS had estimated it would issue about 2.3 percent fewer refunds this year as a result of the changes in the federal tax law, according to Bloomberg. MSNBC reports that 30 million Americans will owe the IRS money this year — 3 million more than before Trump’s tax law.
“There are going to be a lot of unhappy people over the next month,” Edward Karl of the American Institute of CPAs told Politico. “Taxpayers want a large refund.” Some 71 percent of taxpayers received refunds last year worth about $3,000 on average, according to Karl.
Scads of taxpayers are complaining on Twitter that they have always received a refund — but now owe the IRS instead. ...
The reason that the tax withholding tables were revamped was because of politics. Republicans wanted to play politics and show people their tax cuts such as they were. The Treasury apparently wanted to reduce or eliminate tax refunds when they revamped the tax tables. It would have been better to leave the old tables in place and let people get their refunds and see if they wanted to reduce their withholding.
Bwaaaahhhhhaaaaa, when Rasmussen was showing Trump down, this idiot was there touting how great Ras was, now.....Typical fucking hypocrite..
Rassmussen?
LOL!
Why not just use a Breitbart poll?
Same result. FALSE.
,
,
,
That's all bullshit. Obama explained several time it was impossible to bring manufacturing jobs back because the US could not compete with lower wages and fewer regulations in developing countries, but President trump has so dramatically changed the economic landscape in America, that we now have not only US manufacturing jobs coming back but we have foreign companies choosing to manufacture in the US rather than in their own countries.The only people who paid more taxes are upper income homeowners who live in states with high property taxes. What is sad is that the tax reform along with deregulation has energized the economy so it is now growing at a robust rate and creating new jobs at an astonishing rate, including the largest number of manufacturing jobs since the boom years of the 1990's and the Democrats are opposed to everything that is benefiting all Americans.No we don't have to move any place asshole so go fuck yerself. We will stay here and demand change...If you dont like the tax cuts, do what the hollyweird elite promised to do, and move to Canada. See how much of YOUR money, if you actually work, goes to the government and you get nothing in return...Stupid liberals, the most redundant statement of all.
You already demanded change. They raised taxes on the rich who live in states with high state and local taxes. Why are you now pissed off at yourself?
They also raised taxes on people who are not rich and live in blue states. The rich got the vast majority of the tax cuts.
That is not true. The economy was improving under Obama.. It had nothing to do with Obama or Trump. Manufacturing jobs started coming back under Obama because companies found advantages to manufacturing in the US such as cheap natural gas and maintaining netter control over their manufacturing. These areas with high local taxes are not just found in blue states. Some suburban areas in red states could see taxpayers paying higher taxes because of local taxes as well. Americans largely oppose what Trump has done in regards to taxes and deregulation.
blue stater eh? finally going to pay your fair share I see.Owed $300 last year, $1300 this year. Fuck you GOP.
