Hello There, Guest! (LoginRegister)

Post Reply 
[news]Middle class feeling betrayed by Trump when filing taxes
Author Message
Machiavelli Online
Back to Reality. Oh there goes Gravity
*

Posts: 25,355
Joined: Apr 2006
Reputation: 600
I Root For: BGSU
Location:
Post: #1
[news]Middle class feeling betrayed by Trump when filing taxes


Middle class feeling betrayed by Trump.
02-08-2019 02:52 AM
Find all posts by this user Quote this message in a reply

chargeradio Offline
Heisman
*

Posts: 6,147
Joined: Mar 2007
Reputation: 82
I Root For: ALA, KY, USA
Location: Louisville, KY
Post: #2
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 02:55 AM)Machiavelli Wrote:  https://www.yahoo.com/amphtml/lifestyle/...32057.html
I wonder how many of these people live in high tax states like California, or have large mortgage balances? Those are the only ways I could see these scenarios realistically happening.
02-08-2019 04:05 AM
Visit this user's website Find all posts by this user Quote this message in a reply
Chappy Offline
Resident Goonie
*

Posts: 16,956
Joined: Dec 2008
Reputation: 645
I Root For: ECU
Location: Raleigh, NC
Post: #3
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 06:11 AM)Machiavelli Wrote:  This is the reason.

https://theintercept.com/2019/02/06/tax-...p-tax-cut/

Interesting. I hadn't realized they messed with the withholdings.
02-08-2019 06:50 AM
Find all posts by this user Quote this message in a reply
JMUDunk Online
Rootin' fer Dukes, bud
*

Posts: 20,218
Joined: Jan 2013
Reputation: 906
I Root For: Freedom
Location: Shmocation
Post: #4
[news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 02:52 AM)Machiavelli Wrote:  

Middle class feeling betrayed by Trump.


Lol

Did you read those?

So, some high school “civics” teacher got her students to make up a bunch of “I voted for Trump, but won’t next time” boiler plate Twitter posts.

Like, that’s like awesome, right?

Put down the glass, push away from the table, stand up, take a breath.

It’s gonna be a loooong 6 years for you otherwise 04-coffee
02-08-2019 07:03 AM
Find all posts by this user Quote this message in a reply
Fort Bend Owl Offline
Hall of Famer
*

Posts: 22,548
Joined: Jun 2005
Reputation: 264
I Root For: An easy win
Location:

The Parliament Awards
Post: #5
RE: [news]Middle class feeling betrayed by Trump when filing taxes
I haven't finished up the taxes yet so I'm still waiting on my final verdict. I tend to withdraw too much with my taxes during the year so I think we'll be about the same.

My wife's law firm is having a great year because she works in their tax department (she's an administrative member of that department, not a lawyer). Trust me, those folks are super busy. It sounds like hiring a tax lawyer is a very worthwhile investment these days for a company.
02-08-2019 07:04 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #6
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 04:05 AM)chargeradio Wrote:  
(02-08-2019 02:55 AM)Machiavelli Wrote:  https://www.yahoo.com/amphtml/lifestyle/...32057.html
I wonder how many of these people live in high tax states like California, or have large mortgage balances? Those are the only ways I could see these scenarios realistically happening.

'08 is just around the corner for those folk....those floodgates are now open

inflated $$$ are a YUGE problem on the coastal front....

nuts zongo's not a buyer....
02-08-2019 07:07 AM
Find all posts by this user Quote this message in a reply

JMUDunk Online
Rootin' fer Dukes, bud
*

Posts: 20,218
Joined: Jan 2013
Reputation: 906
I Root For: Freedom
Location: Shmocation
Post: #7
[news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 06:50 AM)Chappy Wrote:  
(02-08-2019 06:11 AM)Machiavelli Wrote:  This is the reason.

https://theintercept.com/2019/02/06/tax-...p-tax-cut/

Interesting. I hadn't realized they messed with the withholdings.


So confirmation

“there’s the reality that traditionally, about three-quarters of Americans receive tax refunds each year. It’s typically their largest single check annually. They plan consumer purchases, particularly durable goods and big-ticket items, around them.”

Confirmation that About three-quarters of Americans are either morons or simply poorly informed/educated.

Hunh. How could that have happen?

Who runs the schools? Would those be the same folks that run the tax scam?

If I was a cynic, which I’m not...
02-08-2019 07:13 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #8
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:13 AM)JMUDunk Wrote:  
(02-08-2019 06:50 AM)Chappy Wrote:  
(02-08-2019 06:11 AM)Machiavelli Wrote:  This is the reason.

https://theintercept.com/2019/02/06/tax-...p-tax-cut/

Interesting. I hadn't realized they messed with the withholdings.


So confirmation

“there’s the reality that traditionally, about three-quarters of Americans receive tax refunds each year. It’s typically their largest single check annually. They plan consumer purchases, particularly durable goods and big-ticket items, around them.”

Confirmation that About three-quarters of Americans are either morons or simply poorly informed/educated.

Hunh. How could that have happen?

Who runs the schools? Would those be the same folks that run the tax scam?

If I was a cynic, which I’m not...

it's also the worst way to 'save' money....

#interestfreeloan

at one time, I claimed '7' during the year to ensure my end result was 0$....
02-08-2019 07:18 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #9
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:24 AM)Machiavelli Wrote:  That's all in good for those that have money. Many of these people don't have that disposable income. You heard it here first. This is going to be a problem.

therefore, the less withheld yields the most available....

sometimes it's sushi and filet mignon.....sometimes it's fried baloney.....

saving money is a discipline too many can't comprehend or are unwilling to set as a goal....

in today's version, all I see are too many spoiled li'l biatches living in survivable times....
(This post was last modified: 02-08-2019 07:32 AM by stinkfist.)
02-08-2019 07:32 AM
Find all posts by this user Quote this message in a reply
gdunn Online
Repping E-Gang Colors
*

Posts: 16,429
Joined: Oct 2011
Reputation: 1008
I Root For: Southern Miss
Location: Pennsylvania

Survivor Champion
Post: #10
RE: [news]Middle class feeling betrayed by Trump when filing taxes
I made more money last year than the previous year. Paid in less to the state and got s bigger federal refund. I don’t itemize.
02-08-2019 07:35 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #11
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:35 AM)gdunn Wrote:  I made more money last year than the previous year. Paid in less to the state and got s bigger federal refund. I don’t itemize.

I'll never understand why getting a bigger refund is a good thing....

I stopped loaning at zero interest moons ago....
02-08-2019 07:47 AM
Find all posts by this user Quote this message in a reply

solohawks Offline
Hall of Famer
*

Posts: 10,610
Joined: May 2008
Reputation: 339
I Root For: UNCW
Location: Wilmington, NC
Post: #12
RE: [news]Middle class feeling betrayed by Trump when filing taxes
Personally I'd be in a tough spot of not for tax reform
02-08-2019 08:14 AM
Find all posts by this user Quote this message in a reply
JMUDunk Online
Rootin' fer Dukes, bud
*

Posts: 20,218
Joined: Jan 2013
Reputation: 906
I Root For: Freedom
Location: Shmocation
Post: #13
[news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:32 AM)stinkfist Wrote:  
(02-08-2019 07:24 AM)Machiavelli Wrote:  That's all in good for those that have money. Many of these people don't have that disposable income. You heard it here first. This is going to be a problem.

therefore, the less withheld yields the most available....

sometimes it's sushi and filet mignon.....sometimes it's fried baloney.....

saving money is a discipline too many can't comprehend or are unwilling to set as a goal....

in today's version, all I see are too many spoiled li'l biatches living in survivable times....


Don’t F#%^ with my fried baloney.

Thick cut with mustard and fried onions? It’s an Oscar burger!

*Dunk heads to deli...
02-08-2019 08:27 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #14
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 08:27 AM)JMUDunk Wrote:  
(02-08-2019 07:32 AM)stinkfist Wrote:  
(02-08-2019 07:24 AM)Machiavelli Wrote:  That's all in good for those that have money. Many of these people don't have that disposable income. You heard it here first. This is going to be a problem.

therefore, the less withheld yields the most available....

sometimes it's sushi and filet mignon.....sometimes it's fried baloney.....

saving money is a discipline too many can't comprehend or are unwilling to set as a goal....

in today's version, all I see are too many spoiled li'l biatches living in survivable times....


Don’t F#%^ with my fried baloney.

Thick cut with mustard and fried onions? It’s an Oscar burger!

*Dunk heads to deli...

03-lmfao03-lmfao03-lmfao

"Dunk's Deli" has a nice ring to it...
(This post was last modified: 02-08-2019 08:30 AM by stinkfist.)
02-08-2019 08:29 AM
Find all posts by this user Quote this message in a reply
VA49er Offline
Hall of Famer
*

Posts: 21,768
Joined: Dec 2004
Reputation: 391
I Root For: Charlotte
Location:
Post: #15
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:24 AM)Machiavelli Wrote:  That's all in good for those that have money. Many of these people don't have that disposable income. You heard it here first. This is going to be a problem.

Well, one reason they may not have the disposable income is they are paying to much in taxes each pay check hence getting a large tax refund. Unfortunately, most are too ignorant to see the correlation between the two and just decide to complain.
02-08-2019 09:30 AM
Find all posts by this user Quote this message in a reply
UofMstateU Online
Legend
*

Posts: 25,063
Joined: Dec 2009
Reputation: 1786
I Root For: Memphis
Location:
Post: #16
RE: [news]Middle class feeling betrayed by Trump when filing taxes
Sorry, but one of the very first "tax literacy" posts describing how they are getting screwed is false. This is a fake bogus story.

The people who will be paying more in taxes will be those who own multiple million dollar homes, or who were paying extremely high state taxes to where the new DOUBLE standard deductions doesnt quite cover the difference. Those people need to take their tax issues up with their state.

Everyone I have spoken with are getting cuts. And they are SIGNIFICANT.
02-08-2019 09:40 AM
Find all posts by this user Quote this message in a reply

stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #17
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 09:40 AM)UofMstateU Wrote:  Sorry, but one of the very first "tax literacy" posts describing how they are getting screwed is false. This is a fake bogus story.

The people who will be paying more in taxes will be those who own multiple million dollar homes, or who were paying extremely high state taxes to where the new DOUBLE standard deductions doesnt quite cover the difference. Those people need to take their tax issues up with their state.

Everyone I have spoken with are getting cuts. And they are SIGNIFICANT.

I'm certain I'll be smiling YUGELY in the 'sip....

I'm simply waiting on the paperwork to arrive....

it's disturbing how people don't understand inflated $$$ and how it burdens those that play the game fairly....

I have zero sympathy for those bastages....
(This post was last modified: 02-08-2019 09:48 AM by stinkfist.)
02-08-2019 09:46 AM
Find all posts by this user Quote this message in a reply
banker Offline
Heisman
*

Posts: 6,663
Joined: Oct 2009
Reputation: 543
I Root For: Marshall
Location:
Post: #18
RE: [news]Middle class feeling betrayed by Trump when filing taxes
BOT accounts set up by dem operatives make negative tweets about Trump. Shocking.
02-08-2019 10:01 AM
Find all posts by this user Quote this message in a reply
Chappy Offline
Resident Goonie
*

Posts: 16,956
Joined: Dec 2008
Reputation: 645
I Root For: ECU
Location: Raleigh, NC
Post: #19
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 07:47 AM)stinkfist Wrote:  
(02-08-2019 07:35 AM)gdunn Wrote:  I made more money last year than the previous year. Paid in less to the state and got s bigger federal refund. I don’t itemize.

I'll never understand why getting a bigger refund is a good thing....

I stopped loaning at zero interest moons ago....

It's not. But if you had it worked out where what you were withholding was about right, and they changed it without you knowing (this is the first I've heard of it), I could see how you could wind up owing money to the IRS and feel frustrated about it.
02-08-2019 10:05 AM
Find all posts by this user Quote this message in a reply
stinkfist Online
laughing at MSM meltdown
*

Posts: 43,195
Joined: Nov 2011
Reputation: 2195
I Root For: StL Cards
Location: who knows?
Post: #20
RE: [news]Middle class feeling betrayed by Trump when filing taxes
(02-08-2019 10:05 AM)Chappy Wrote:  
(02-08-2019 07:47 AM)stinkfist Wrote:  
(02-08-2019 07:35 AM)gdunn Wrote:  I made more money last year than the previous year. Paid in less to the state and got s bigger federal refund. I don’t itemize.

I'll never understand why getting a bigger refund is a good thing....

I stopped loaning at zero interest moons ago....

It's not. But if you had it worked out where what you were withholding was about right, and they changed it without you knowing (this is the first I've heard of it), I could see how you could wind up owing money to the IRS and feel frustrated about it.

while I understand that sentiment, it's the richie riches that no longer have an out....

that's the beauty of the 'tax cut'....

it's the purest in irony pal....
02-08-2019 10:11 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2019 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2019 MyBB Group.