Average Tax Refunds Down 8.4 Percent As Angry Taxpayers Vent On Twitter

Grumpy said:
Oh the poor babies aren't getting their outrageous state taxes subsidized as much by the rest of us!
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If the intention of your Russia Tax Cut was to turn people against their states, then you failed.

All the Russia Tax Cut has done is turn some Conservatives against each other.

Also, you all sold this as a benefit to everyone back in 2017.

Guess that was a load of horseshit, which begs the question; since this was horseshit, what else have you been pushing and promoting that is also horseshit????
 
LV426 said:
If the intention of your Russia Tax Cut was to turn people against their states, then you failed.

All the Russia Tax Cut has done is turn some Conservatives against each other.

Also, you all sold this as a benefit to everyone back in 2017.

Guess that was a load of horseshit, which begs the question; since this was horseshit, what else have you been pushing and promoting that is also horseshit????
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Well Jade you might understand if you paid taxes. People in super high tax states mosty blue were able to deduct up to around $20K which kept my taxes higher. Now they can only deduct around $10K. I know it burns your ass when liberals have to pay their fair share. Besides what do you care you don't pay taxes so it has no effect on you one way or the other. This must be you on hearing the news.
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Grumpy said:
Well Jade you might understand if you paid taxes. People in super high tax states mosty blue were able to deduct up to around $20K which kept my taxes higher.
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So this wasn't a net benefit as you sold it. Instead, you increased the tax liabilities while making false promises that wages would grow.

If your argument is "you're too dumb to appreciate that we raised your tax burden", then you've lost the argument.
 
Grumpy said:
I know it burns your ass when liberals have to pay their fair share. Besides what do you care you don't pay taxes so it has no effect on you one way or the other.
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Most blue states are maker states and most red states are taker states.
 
Grumpy said:
Well Jade you might understand if you paid taxes. People in super high tax states mosty blue were able to deduct up to around $20K which kept my taxes higher. Now they can only deduct around $10K. I know it burns your ass when liberals have to pay their fair share. Besides what do you care you don't pay taxes so it has no effect on you one way or the other.
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Oh, I pay taxes...so you can try and invent something about me personally, but I can play that game too. I will say you're just saying this shit because your tax burden went up and you're too embarrassed to admit it.
 
LV426 said:
So this wasn't a net benefit as you sold it. Instead, you increased the tax liabilities while making false promises that wages would grow.

If your argument is "you're too dumb to appreciate that we raised your tax burden", then you've lost the argument.
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Wrong again.
A single person making $39,000 in taxable income in 2017 saw a*rate*of 25%. In*2018, that drops to 22%.Jan 23, 2019
 
Grumpy said:
A single person making $39,000 in taxable income in 2017 saw a*rate*of 25%. In*2018, that drops to 22%.Jan 23, 2019
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So what?

You can lower the rate and still increase liability...you do that very simply by capping deductions and eliminating exemptions, which your Russia Tax Cut did.
 
Thanks to the shutdown, we won't know the amount of receipts the Treasury took in December 2018, but for January-November, 2018 revenues are $50B below what they were in 2017.

For it to pull even, Treasury would have to collect $375B in revenues in December 2018.

But thanks to the Trump Shutdown, it will probably come in at a number closer to $300B, which means the Russia Tax Cut didn't pay for itself.
 
Grumpy said:
Translation= Most blue states are tax and spend, while most red states aren't.
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Most red states use federal welfare to plug their budget gaps that come from their low tax rates.

Blue states subsidize low tax rates in welfare states.
 
LV426 said:
Oh, I pay taxes...so you can try and invent something about me personally, but I can play that game too. I will say you're just saying this shit because your tax burden went up and you're too embarrassed to admit it.
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Look who I addressed my reply to smartass. I confused your and Jades avatars as the both are similar.
 
LV426 said:
Thanks to the shutdown, we won't know the amount of receipts the Treasury took in December 2018, but for January-November, 2018 revenues are $50B below what they were in 2017.

For it to pull even, Treasury would have to collect $375B in revenues in December 2018.

But thanks to the Trump Shutdown, it will probably come in at a number closer to $300B, which means the Russia Tax Cut didn't pay for itself.
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Why are deficients only important when we have a Republican president?

TRANSLATION= Piss off.
 
DUMB thread of the YEAR.

Nothing shrieks moron better than shrill math challenged dumb fucks arguing that tax increases are better and Government needs more money.

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tinfoil said:
If you got a smaller tax return, it means you had more of your money that you earned throughout the entire year. If youy knew economics, you'd understand that the net present value is in your favor the smaller your return is. But you don't really get all that math stuff, do you?
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Sure. When I was on a payroll, I declared more dependents in order to get as close to zero refund as possible. That's what most intelligent people do, but many know that they're giving the govt. an interest free loan by taking a larger refund when they file. They aren't capable of budgeting, and they like the lump sum.

Now...if everyone took home more per week as a result of withholding changes, that's one thing. If, as you say, math is your forte, then you should be able to explain to everyone why they didn't take home more during the week, and still paid in when they filed, or got a smaller return.
 
tinfoil said:
liberals are citing the dumbest taxpayers as reason the tax code sucks. LOL Might as well cite the dumbest students to say the education system sucks.
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That's not what's happening. People are citing stupid voters who actually believed that trump was going to close the carried interest loophole, and raise taxes on the wealthy in order to give middle class taxpayers a break.
 
archives said:
Of course it makes sense, but probability is that the average working American who doesn't have the time to stay on top of things never understood that the withholding tax was eliminated along with personal exemptions, the earlier bump they saw in their paychecks they thought was the tax cut. Now the reality will sink in
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What do you mean? If there was no withholding, then everyone would pay now.
 
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