(02-11-2019 02:18 PM)UofMstateU Wrote:  

(02-11-2019 02:14 PM)VA49er Wrote:  

(02-11-2019 11:46 AM)Machiavelli Wrote:  

(02-11-2019 08:52 AM)VA49er Wrote:  

(02-09-2019 12:32 PM)gdunn Wrote:  I love how Mach got suckered into Fake News by Yahoo! and the Jokester and still doubles down on the BS. Wait until the witch hunt is over.

He, and others, simply don't care it was fake. How else does one explain the fact that they know they are being lied to yet continue to perpetuate the lies? It's obvious they are incapable of thinking for themselves or else, after multiple times, it would be more than obvious they are being lied to.

WHAT!!!!!!!!!!!!!!!!!!!!!!!!


What is fake.....

Exactly what is fake about gaming the with holding tables?????? That is ONE PART of how the middle class was betrayed. The other is some middle class is paying MORE with Trump's tax cuts.......

Talk about cults.......

Orange Man is our Dear Leader.........

Do you guys sing songs about him to in the morning like his best buddy Kim Jung Un?

What gaming of the holding tables?

He's said it at least ten times in this thread, but I bet he will not provide a direct answer.

It's a talking point. He frequently doesn't understand the talking points. Just repeats them, etc....

When his students answer correctly they must be gaming the test.

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

(02-11-2019 11:46 AM)Machiavelli Wrote:  Exactly what is fake about gaming the with holding tables??????

Nobody gamed the withholding tables. Withholding tables are based upon the current tax rate and are calculated using your amount of pay, standard deduction, and exemptions. Since the exemptions went away and the standard deduction increased, it was necessary to change the withholding tables. Else you would have paid in way more than you needed to. Again, you don't really want a large refund as it's better to have your money and not let the government use it for free.

Of course you're always free to have your employer withhold more money from your pay if you're dead set on letting Uncle Sam have an interest free loan.

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

regardless, it dropped...

imagine if it went up with the cost of 'inflation'....

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

How does corporate spending have anything to do with the deficit? We have record tax revenues....

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  

(02-11-2019 11:47 AM)Redwingtom Wrote:  For the love of God people, STOP LOOKING JUST AT YOUR REFUND!!!! It's basically meaningless.

I am getting $2,000 more refund this year. So all thanks are due to the great and powerful trump!!! Right?

N. O. I got a $2,000 tax credit this year for education expenses for my daughter which I didn't get last year. Additionally, anyone can pay in extra money and get a bigger refund. You need to look at your total tax as a percentage of your income and also your effective tax rate. That's the comparison you need to be making.

And as others have alluded...smaller refunds are what you should strive for. It makes little sense to let the government keep your money, interest free, for a year or more. Your ideal return should show no refund and perhaps even a small balance due each year...a small balance that does not require estimated payments and which avoids any underpayment penalty.

I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

who employs?

just answer that....

why do ewe go there?

that's an arse whoopin' in the wait room....

you obviously understand personal finance, but don't have a fk'n clue how the macro side works....

(02-11-2019 03:45 PM)MonarchManiac Wrote:  

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

How does corporate spending have anything to do with the deficit? We have record tax revenues....

We don't have record tax revenues (if we do, please source) due to the corporate cut. The GOP plan (lie) is that tax cuts will produce more revenue than would have come in without the cut. Since this does not actually happen...and never has...and spending doesn't wane, deficits grow.

Since the corporations are not using their tax savings to increase wages nor increasing investments in PP&E enough to spur the economy, but rather for stock buy backs and just plain old hording cash, revenues will not increase enough to start reducing the deficit. It's really quite simple.

(02-11-2019 03:52 PM)stinkfist Wrote:  

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  

(02-11-2019 12:15 PM)UofMstateU Wrote:  I take it your taxes went down, and probably significantly, right?

My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

who employs?

just answer that....

why do ewe go there?

that's an arse whoopin' in the wait room....

you obviously understand personal finance, but don't have a fk'n clue how the macro side works....

Corporations employ, but they don't hire just because they have more money via a tax cut.

(02-11-2019 04:00 PM)Redwingtom Wrote:  

(02-11-2019 03:52 PM)stinkfist Wrote:  

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

who employs?

just answer that....

why do ewe go there?

that's an arse whoopin' in the wait room....

you obviously understand personal finance, but don't have a fk'n clue how the macro side works....

Corporations employ, but they don't hire just because they have more money via a tax cut.

therefore, the managers may or may not get pay increase as they create jobs, wages, and move the USD.....

who is responsible to keep that in check that also promote investing in the USD....

you're a g'dammed genius....

at least you had the balls to respond....

(02-11-2019 03:58 PM)Redwingtom Wrote:  

(02-11-2019 03:45 PM)MonarchManiac Wrote:  

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  

(02-11-2019 02:23 PM)Redwingtom Wrote:  My total effective rate dropped 5.11%. But $2,000 of new credits played into that. Without the new credits, my effective rate dropped 1.83%. So no, not real significantly IMO.

So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

How does corporate spending have anything to do with the deficit? We have record tax revenues....

We don't have record tax revenues (if we do, please source) due to the corporate cut. The GOP plan (lie) is that tax cuts will produce more revenue than would have come in without the cut. Since this does not actually happen...and never has...and spending doesn't wane, deficits grow.

Since the corporations are not using their tax savings to increase wages nor increasing investments in PP&E enough to spur the economy, but rather for stock buy backs and just plain old hording cash, revenues will not increase enough to start reducing the deficit. It's really quite simple.

Record Tax Revenues

When I deal with people it's working class that's making between 35 to 50k a year. Not each but both together. I'm not day to day or every 3 days a week any more...mostly once a week or every two weeks. But those people that I do come in contact with are making more money this year, doing the same work and same hours...hourly wage went up.

When you have a husband and wife both making $1.50 to $2.00 an hour more....that's the difference in renting at $850 a month home or saving for a down payment and buying a 100,000 dollar home and having payments around $500 a month.

This is coming from...hourly pay increases from the tax cuts and the record number of people working. So not only are these people taking home more from lower amount of taxes being withheld. Their refund is more based off the higher standard deduction and their wages increased from the millionaire they are working for...getting a tax cut.

That's the working class....if it had stayed the way it was 4 years ago we would be talking about working poor. I've seen nothing yet that the middle class has been hurt. If you are in the top of the middle to lower upper....

you might take a hit

That is not most of America and not what drives the dollars spent in our towns and cities. A house in the 65k to 150k hardly ever sits on the mark 45 days in my area. Those are working class to middle class homes. Anyone that thinks the tax cuts is not working for for lower and middle America...doesn't have a f'ing clue

Big city east or west coast...I cant speak about because housing in those areas dont compare to middle America

(02-11-2019 04:11 PM)Eagleaidaholic Wrote:  

(02-11-2019 03:58 PM)Redwingtom Wrote:  

(02-11-2019 03:45 PM)MonarchManiac Wrote:  

(02-11-2019 02:35 PM)Redwingtom Wrote:  

(02-11-2019 02:27 PM)UofMstateU Wrote:  So, you dont mean percent, but points.

In that case, if you had taxable income of $100K, your taxes dropped $1800.

And thats supposed to be crumbs?

I never said that...I just feel it wasn't all that significant when you break it down per pay period. And before you go there, I've never been opposed to tax cuts for the middle class...what I was opposed to was the huge corporate tax, which as we've seen so far has only lined the corporations pockets...they're not investing, hiring or raising pay as much as the GOP had hoped...and that's why the deficit keeps growing and growing and growing.

How does corporate spending have anything to do with the deficit? We have record tax revenues....

We don't have record tax revenues (if we do, please source) due to the corporate cut. The GOP plan (lie) is that tax cuts will produce more revenue than would have come in without the cut. Since this does not actually happen...and never has...and spending doesn't wane, deficits grow.

Since the corporations are not using their tax savings to increase wages nor increasing investments in PP&E enough to spur the economy, but rather for stock buy backs and just plain old hording cash, revenues will not increase enough to start reducing the deficit. It's really quite simple.

Record Tax Revenues

what should really scare folk is that purple piece of the 'pie' chart....

this is where my gen gets to **** with dipshites...

(02-11-2019 04:14 PM)WKUYG Wrote:  When I deal with people it's working class that's making between 35 to 50k a year. Not each but both together. I'm not day to day or every 3 days a week any more...mostly once a week or every two weeks. But those people that I do come in contact with are making more money this year, doing the same work and same hours...hourly wage went up.

When you have a husband and wife both making $1.50 to $2.00 an hour more....that's the difference in renting at $850 a month home or saving for a down payment and buying a 100,000 dollar home and having payments around $500 a month.

This is coming from...hourly pay increases from the tax cuts and the record number of people working. So not only are these people taking home more from lower amount of taxes being withheld. Their refund is more based off the higher standard deduction and their wages increased from the millionaire they are working for...getting a tax cut.

That's the working class....if it had stayed the way it was 4 years ago we would be talking about working poor. I've seen nothing yet that the middle class has been hurt. If you are in the top of the middle to lower upper....

you might take a hit

That is not most of America and not what drives the dollars spent in our towns and cities. A house in the 65k to 150k hardly ever sits on the mark 45 days in my area. Those are working class to middle class homes. Anyone that doesn't think the tax cuts is not working for for lower and middle America...doesn't have a f'ing clue

Big city east or west coast...I cant speak about because housing in those areas dont compare to middle America

got this from a yahoo article

Quote:Kelli (who wanted her last name withheld), tweeted to the president: “First time ever owing on taxes! Static income, but take away the itemization and we got hit hard! @realDonaldTrump where’s the middle class benefits? Sadly disappointed here!”

She lives in Rialto, Calif., with her wife and says that she voted for President Trump in 2016. She normally receives a $2,500 refund, but this year, she had to pay $1,900. (The average refund between 2014 and 2018 was around $2,700.)

There’s “definitely an impact” she says, from the tax bill. “Our oldest is graduating; both are adults and are in college (one Bachelors, one Masters degree).”

Kelli says that her family will be “ok” — “until it’s time to do this again next year”, she says.

Quote:“I literally screamed when I saw my refund,” says Elissa Crooks. The 41-year-old from Orlando says that her refund was slashed by roughly $1,400 when she filed her 2018 taxes a few days ago.

She says that she relies on her refund to cover the property taxes on the house she bought four years ago. A Democrat whose voting history has included candidates from both parties, she says that she was “very upset” about her lower refund.

“I waited over the weekend to hit the send button because I thought something had to be missing,” she says. “I went over it with a fine-toothed comb. I didn’t know why it was so different.”

https://www.yahoo.com/finance/news/trump...06749.html


Can someone give me a example of how Trumps Tax changes affected these two cases?

From looking at both this is where I see the change.

1. probably claimed one or both sons on 2017 tax returns and now they are claiming their self. We are not talking about million dollar return...averaged $2500 on her returns up till 2018

2. is depending on tax returns to pay property tax. So we are not talking about a huge mortgage that she can no longer claim. She did not say if she has a child or married. The one thing we do know, single, HOH, or Married, she's getting a larger deduction than 2017.

So she either took home $27 extra dollars a week or she lost a Dependant and the HOH claim. How is this Trumps fault?

I personally think other factors...cant claim a child or Dependant, or a credit for tuition or other cost. Is the reason for the lower tax refund...

neither explained how it was Trumps fault .

Who believes either voted for him?

(02-11-2019 06:17 PM)WKUYG Wrote:  got this from a yahoo article

Quote:Kelli (who wanted her last name withheld), tweeted to the president: “First time ever owing on taxes! Static income, but take away the itemization and we got hit hard! @realDonaldTrump where’s the middle class benefits? Sadly disappointed here!”

She lives in Rialto, Calif., with her wife and says that she voted for President Trump in 2016. She normally receives a $2,500 refund, but this year, she had to pay $1,900. (The average refund between 2014 and 2018 was around $2,700.)

There’s “definitely an impact” she says, from the tax bill. “Our oldest is graduating; both are adults and are in college (one Bachelors, one Masters degree).”

Kelli says that her family will be “ok” — “until it’s time to do this again next year”, she says.

Quote:“I literally screamed when I saw my refund,” says Elissa Crooks. The 41-year-old from Orlando says that her refund was slashed by roughly $1,400 when she filed her 2018 taxes a few days ago.

She says that she relies on her refund to cover the property taxes on the house she bought four years ago. A Democrat whose voting history has included candidates from both parties, she says that she was “very upset” about her lower refund.

“I waited over the weekend to hit the send button because I thought something had to be missing,” she says. “I went over it with a fine-toothed comb. I didn’t know why it was so different.”

https://www.yahoo.com/finance/news/trump...06749.html


Can someone give me a example of how Trumps Tax changes affected these two cases?

From looking at both this is where I see the change.

1. probably claimed one or both sons on 2017 tax returns and now they are claiming their self. We are not talking about million dollar return...averaged $2500 on her returns up till 2018

2. is depending on tax returns to pay property tax. So we are not talking about a huge mortgage that she can no longer claim. She did not say if she has a child or married. The one thing we do know, single, HOH, or Married, she's getting a larger deduction than 2017.

So she either took home $27 extra dollars a week or she lost a Dependant and the HOH claim. How is this Trumps fault?

I personally think other factors...cant claim a child or Dependant, or a credit for tuition or other cost. Is the reason for the lower tax refund...

neither explained how it was Trumps fault .

Who believes either voted for him?

guns, it's becoming old hat pointing out the obvious....

this is why the perimeter states are getting their arse handed to dem that bought in recently....

their revenue cycles are going to get creamed moving forward....

US revenues are up....

next worry....Tejas!

pay att'n to Tejas....

(02-11-2019 06:17 PM)WKUYG Wrote:  got this from a yahoo article

Quote:Kelli (who wanted her last name withheld), tweeted to the president: “First time ever owing on taxes! Static income, but take away the itemization and we got hit hard! @realDonaldTrump where’s the middle class benefits? Sadly disappointed here!”

She lives in Rialto, Calif., with her wife and says that she voted for President Trump in 2016. She normally receives a $2,500 refund, but this year, she had to pay $1,900. (The average refund between 2014 and 2018 was around $2,700.)

There’s “definitely an impact” she says, from the tax bill. “Our oldest is graduating; both are adults and are in college (one Bachelors, one Masters degree).”

Kelli says that her family will be “ok” — “until it’s time to do this again next year”, she says.

Quote:“I literally screamed when I saw my refund,” says Elissa Crooks. The 41-year-old from Orlando says that her refund was slashed by roughly $1,400 when she filed her 2018 taxes a few days ago.

She says that she relies on her refund to cover the property taxes on the house she bought four years ago. A Democrat whose voting history has included candidates from both parties, she says that she was “very upset” about her lower refund.

“I waited over the weekend to hit the send button because I thought something had to be missing,” she says. “I went over it with a fine-toothed comb. I didn’t know why it was so different.”

https://www.yahoo.com/finance/news/trump...06749.html


Can someone give me a example of how Trumps Tax changes affected these two cases?

From looking at both this is where I see the change.

1. probably claimed one or both sons on 2017 tax returns and now they are claiming their self. We are not talking about million dollar return...averaged $2500 on her returns up till 2018

2. is depending on tax returns to pay property tax. So we are not talking about a huge mortgage that she can no longer claim. She did not say if she has a child or married. The one thing we do know, single, HOH, or Married, she's getting a larger deduction than 2017.

So she either took home $27 extra dollars a week or she lost a Dependant and the HOH claim. How is this Trumps fault?

I personally think other factors...cant claim a child or Dependant, or a credit for tuition or other cost. Is the reason for the lower tax refund...

neither explained how it was Trumps fault .

Who believes either voted for him?

Considering "Kelli" has a wife and Elissa admits to being a leftist I'd say chances are neither voted for Trump.

(02-11-2019 06:17 PM)WKUYG Wrote:  got this from a yahoo article

Quote:Kelli (who wanted her last name withheld), tweeted to the president: “First time ever owing on taxes! Static income, but take away the itemization and we got hit hard! @realDonaldTrump where’s the middle class benefits? Sadly disappointed here!”

She lives in Rialto, Calif., with her wife and says that she voted for President Trump in 2016. She normally receives a $2,500 refund, but this year, she had to pay $1,900. (The average refund between 2014 and 2018 was around $2,700.)

There’s “definitely an impact” she says, from the tax bill. “Our oldest is graduating; both are adults and are in college (one Bachelors, one Masters degree).”

Kelli says that her family will be “ok” — “until it’s time to do this again next year”, she says.

Quote:“I literally screamed when I saw my refund,” says Elissa Crooks. The 41-year-old from Orlando says that her refund was slashed by roughly $1,400 when she filed her 2018 taxes a few days ago.

She says that she relies on her refund to cover the property taxes on the house she bought four years ago. A Democrat whose voting history has included candidates from both parties, she says that she was “very upset” about her lower refund.

“I waited over the weekend to hit the send button because I thought something had to be missing,” she says. “I went over it with a fine-toothed comb. I didn’t know why it was so different.”

https://www.yahoo.com/finance/news/trump...06749.html


Can someone give me a example of how Trumps Tax changes affected these two cases?

From looking at both this is where I see the change.

1. probably claimed one or both sons on 2017 tax returns and now they are claiming their self. We are not talking about million dollar return...averaged $2500 on her returns up till 2018

2. is depending on tax returns to pay property tax. So we are not talking about a huge mortgage that she can no longer claim. She did not say if she has a child or married. The one thing we do know, single, HOH, or Married, she's getting a larger deduction than 2017.

So she either took home $27 extra dollars a week or she lost a Dependant and the HOH claim. How is this Trumps fault?

I personally think other factors...cant claim a child or Dependant, or a credit for tuition or other cost. Is the reason for the lower tax refund...

neither explained how it was Trumps fault .

Who believes either voted for him?

Probably claimed they drove 70,000 miles for work on their schedule A, and they no longer get that itemization.

Also, they are talking about the amount of money they got, or didnt get, as a refund. They did not specify whether their actual taxes went up or down.