Tired of not-winning? ... Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter

[Rustic]

A tax refund is not a gift from the government!

If you’re getting a sizable refund, get your ass down to payroll tomorrow and change your withholding.

Yep, You really should not be getting a refund at all because the government is using your money for most of the year for nothing.

It’s a fucking joke

You're a fucking joke. Trump promised the middle class a tax cut, and delivered a tax cut for the wealthy.

Na, not really

 

[Rustic]

A tax refund is not a gift from the government!

If you’re getting a sizable refund, get your ass down to payroll tomorrow and change your withholding.

Yep, You really should not be getting a refund at all because the government is using your money for most of the year for nothing.

It’s a fucking joke

You're a fucking joke. Trump promised the middle class a tax cut, and delivered a tax cut for the wealthy.

Pretty much everyone got a tax cut, people are just stupid and think their refund is an indication of how much they paid in total.

These are people who made about the same amount as 2017, and had the same withholding. When they complained that they saw no change in their take-home pay when the cuts became effective, Trump told them not to worry, they'd get a big refund when they filed. Now they're finding out they're getting NO refund and are in fact, paying more than they paid last year.

The IRS has said they're sending out fewer refunds, and the refunds are smalller.

Whole concept of withholding is fucked up from the beginning

 

[Billy000]

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. ...

All those evil rich folks who pay your way took a big hit on their mortgage interest deduction values...The bottom feeding degenerates should be happy...no?

Are you really stupid enough to believe that the rich actually pay the tax rate they are given? What they pay as the EFFECTIVE rate is NOT the OFFICIAL rate. 2/3 of corporations pay nothing in federal taxes because of the deductions and loopholes they take advantage of. Overall, the effective tax rate of corporations is at 11% - a far cry from the official 35% they deliberately go around.

God I am so sick of the rightwing being too stupid to know this very basic information.

 

[Rustic]

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. ...

All those evil rich folks who pay your way took a big hit on their mortgage interest deduction values...The bottom feeding degenerates should be happy...no?

Are you really stupid enough to believe that the rich actually pay the tax rate they are given? What they pay as the EFFECTIVE rate is NOT the OFFICIAL rate. 2/3 of corporations pay nothing in federal taxes because of the deductions and loopholes they take advantage of. Overall, the effective tax rate of corporations is at 11% - a far cry from the official 35% they deliberately go around.

God I am so sick of the rightwing being too stupid to know this very basic information.

An income tax is retarded to begin with

 

[Redfish]

Apparently, you enjoy embarrassing yourself.

That's funny, coming from a Trump supporter. Everything you voted for is a lie.

The tax cuts are shit, there's no great job waiting for you, coal is not coming back, the Koreans have doubled their nuclear capacity, and there will be no wall.

I got a nice refund, I got a new job at twice the salary and was promoted twice in 2018, coal is coming back because we are selling it to China, the North Koreans have firecrackers, and the wall is being built.

Why do you lie?

The wall will never be built. NK was never a threat to the US. Coal will never come back. It will remain a small part of energy production.

If we had dealt with Hitler when he violated the treaty and went into the Rhineland, there would never have been a world war 2.

It was because people had the attitude that you just promoted, that directly caused world war 2. We said "Germany is not a threat to the US".... until they were.

Avoiding all conflict, is now always a good policy.

If you avoid all conflict in your marriage, problems will continue to grow until it destroys your marriage.

If you avoid all conflict with out of control people around the world, they will continue to grow and be a problem, until they cause a war you can't avoid anymore.

When Hugo Chavez deployed his military towards Columbia, it was a clear attempt to start an all out war in South America.

Bush wisely deployed US troops into Columbia, and Chavez backed away.

Being stupid with an out of control dictator, does not avoid war... it nearly guarantees war.

Yes, North Korea can't directly strike the US, but NK can most certainly hit our allies, and cause a World War.

Only idiots think we should just let the crazy person do whatever he wants.

You are aware of the fact that we have troops in North Korea. Trump is the only one who has suggested removing them. He is doing this to get attention and nothing more. Past Presidents have refused to give him legitimacy which Trump has given him.

American troops in NORTH Korea? duh, nope. Hopefully you meant SOUTH Korea.

 

[Redfish]

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. ...

All those evil rich folks who pay your way took a big hit on their mortgage interest deduction values...The bottom feeding degenerates should be happy...no?

Are you really stupid enough to believe that the rich actually pay the tax rate they are given? What they pay as the EFFECTIVE rate is NOT the OFFICIAL rate. 2/3 of corporations pay nothing in federal taxes because of the deductions and loopholes they take advantage of. Overall, the effective tax rate of corporations is at 11% - a far cry from the official 35% they deliberately go around.

God I am so sick of the rightwing being too stupid to know this very basic information.

In reality its the left that thinks that the evil rich pay the top tax rates, and its the left that fail to understand that dems have controlled congress for most of the last 80 years and are the party that put the loopholes and deductions in the tax code to help their rich donors.

I am sick of partisan assholes like you who scream but don't know what you are screaming about.

 

[jc456]

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.

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.

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.

What planet do you live on?

I guess you are on drugs because you cannot accept the truth. The economy is generally too dynamic for any politician to turn on a dime. Manufacturing started coming back to the US under Obama because the advantages started outweighing the disadvantages. When Trump took office, the unemployment rate was 4.7%. That is undeniable except to Trump supporters.

 

[jc456]

Trumpland is crumbling at the edges as the cement of lies dissolves when exposed to truth.

Only the most deluded and gullible Deplorables are sticking to Trumpery.

 

[jc456]

I see TDS is extreme in this thread. too funny. what a bunch of fruit cakes.

 

[BrokeLoser]

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. ...

All those evil rich folks who pay your way took a big hit on their mortgage interest deduction values...The bottom feeding degenerates should be happy...no?

Are you really stupid enough to believe that the rich actually pay the tax rate they are given? What they pay as the EFFECTIVE rate is NOT the OFFICIAL rate. 2/3 of corporations pay nothing in federal taxes because of the deductions and loopholes they take advantage of. Overall, the effective tax rate of corporations is at 11% - a far cry from the official 35% they deliberately go around.

God I am so sick of the rightwing being too stupid to know this very basic information.

Stay focused...are you wanting to discuss the effective tax rates of the rich or of corporations?
Corporations rarely pay income tax as profits are passed through to shareholders via schedule K1 form.
Considering how quick you stupid people are to call others stupid I’ll bet you already knew that right?

 

[initforme]

The middle class tax cuts should have been doubled. Then it makes a difference.

 

[Papageorgio]

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. ...

Refunds are down 8% is good news that means taxpayers keeping their money from day one. This great, we need returns below $100, that would mean most people are keeping their money instead of the government getting interest on your money.

The real question is did our federal tax load for each one of us go down or up.

 

[Redfish]

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. ...

Refunds are down 8% is good news that means taxpayers keeping their money from day one. This great, we need returns below $100, that would mean most people are keeping their money instead of the government getting interest on your money.

The real question is did our federal tax load for each one of us go down or up.

excellent points. In my case its usually a break even between a state refund and paying additional federal. I think breaking even is the best outcome for everyone.

 

[Oddball]

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. ...

Refunds are down 8% is good news that means taxpayers keeping their money from day one. This great, we need returns below $100, that would mean most people are keeping their money instead of the government getting interest on your money.

The real question is did our federal tax load for each one of us go down or up.

He obviously doesn't give a hoot in hell....He's obviously so dense as to think that the money in refunds is a gift from heaven, instead of his own to begin with.

 

[jc456]

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. ...

Refunds are down 8% is good news that means taxpayers keeping their money from day one. This great, we need returns below $100, that would mean most people are keeping their money instead of the government getting interest on your money.

The real question is did our federal tax load for each one of us go down or up.

He obviously doesn't give a hoot in hell....He's obviously so dense as to think that the money in refunds is a gift from heaven, instead of his own to begin with.

Right? I crack up at these idiots. the strange thing to me is that they keep any of their own money. I would think they'd lose their minds that they didn't give it to the government.

 

[kwc57]

Leftist propaganda is pathetic. They recieved more than that during the year in the increased paychecks. What sort of tard wants the government to hold their money with no interest?

Sadly, most people do. 80% of the country on average receives a refund on their taxes. Most people do not know how much they are paying, they base it all on the size of their refund, they actually brag about how big of a refund they get.

This is not limited to a single party, to pretend it is just shows your own bias.

Are you an idiot? Well, that was a stupid question on my part. Of course they know how much they pay. It's on your tax return. It the difference between what you paid in and what you get back. The portion the government keeps of your income. Why would each citizen NOT know how much they paid?

Because people do not pay that close of attention, you give them way too much credit. Most people judge their taxes by how much they get back, they could not tell you how much they paid.

I always thought a good idea would to be to ban employer withholding. Because yes there are people so stupid as to judge how much they paid by the size of their refund. (source: reading this thread)
If Americans had to write a check for the full amount every year then maybe it would sink in.

As Neal Boortz (retired radio host) used to say, let people keep their whole paycheck for one month to see how much the government takes and we would have a tax revolution in this country.

 

[JimH52]

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.

Nah we will just blame the whole party since that was their campaign slogan.

you will do that regardless of any facts, we all know what you are.

They shouldn't let their mouths write checks their ass can't cash...

The Art if the Steal

Nothing new since Reagan did the same and I bet Trump gets reelected because the Democratic Party candidates will be useless and weak.

I will be shocked if he isn't re-elected.....not because he isn't incompetent and he isn't a serial liar.....but because Democrats will just not be able to get their act together.

I think the Dems will retake the Senate in 2020. They will hold the House....but fall short of the WH.

I hope I am wrong on the WH....

 

[kwc57]

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. ...

Refunds are down 8% is good news that means taxpayers keeping their money from day one. This great, we need returns below $100, that would mean most people are keeping their money instead of the government getting interest on your money.

The real question is did our federal tax load for each one of us go down or up.

Winner winner, chicken dinner!!!

 

[Blues Man]

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. ...

Now let me say this

If people are paying less taxes every week because they are taking more home in their paychecks wouldn't their tax refunds be lower?

The question to be answered is how mach actual tax was paid compared to the previous year not how much difference there is in the refund

 

[Oddball]

Nah we will just blame the whole party since that was their campaign slogan.

you will do that regardless of any facts, we all know what you are.

They shouldn't let their mouths write checks their ass can't cash...

The Art if the Steal

Nothing new since Reagan did the same and I bet Trump gets reelected because the Democratic Party candidates will be useless and weak.

I will be shocked if he isn't re-elected.....not because he isn't incompetent and he isn't a serial liar.....but because Democrats will just not be able to get their act together.

I think the Dems will retake the Senate in 2020. They will hold the House....but fall short of the WH.

I hope I am wrong on the WH....

Yeah....Cheeto will win but dems will take over both houses of congress....