Trump supporters realizing how tiny (in some cases negative) their tax refunds are going to be is kind of hilarious. Sending thoughts and prayers... 🙏

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likefunny
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Wait one fucking second billy bob, you tellin me the coastal elite that lives in a penthouse covered in gold doesn’t actually care about us?! We’ve been had!

likefunny

Please tell what percentage of Trump supporters know the difference. Of course, nothing the OP posted suggests s/he doesn’t know the difference - you are the one who is bringing ignorance to the table.

likesmart

Please tell me you know the difference between total tax liability and tax refund

likefunny

What? your employer determines you tax withholding, not the IRS, I’m no Trump supporter but articles like this are what’s wrong with the media...everything is a hit piece biased with twisted truth one way or the other

likefunny

The withholding tables were not correct, which resulted in many taxpayers getting a trivial increase in takehome pay, that they may not have noticed, while building up their end of year tax liability. Most Americans don’t budget in the way you describe because it doesn’t make sense to them. At small dollar amounts, your “budget” is a pain in the ass with little return, while the “bonus” means real spending power. You might not like that, but the vast majority of people would make this choice even with full knowledge of the numbers.

If you think this is a failure of education, but that electing W or Trump was not, your perspective is way off.

likesmart

This is a failure of education. It’s unfortunate that so many Americans don’t understand that a lower refund doesn’t mean they paid more in taxes. It could mean the withholding tables were more accurate. Seems like a big fail in marketing the policy. Then again, it’s too bad that many Americans don’t know how to budget with their regular income stream, and rely on a refund as a “bonus”

likefunny

As head of household, my tax liability is higher under this tax plan. I can’t stand this administration and the fraud they are.

likesmartfunny

Has anyone verified the accounts? For now I’ll file these as false flag. A quick survey at my club in Texas is the exact opposite opinion.

funnylikesmart

Yes, written to be turned into something like this. The Matt Davis account, while is technically a “real” account, yes it does exist. The account was just created and is not following anyone. Account name also looks bot made. That’s why I consider this to be a false flag piece

funny

Well, as someone who isn’t comfortable middle or upper class and who doesn’t own a home or have a bunch of itemized deductions, my taxes ended up lower and my refund was bigger, so I’m not unhappy.

likesmart

Lmao these people really thought that someone who poops in a golden toilet cared about them.

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I did the math early on and I know Ill be forking over some big cash due to 13% increase in tax liability and lower withholdings. You are right that most people don't have the education to identify that early on.

It pisses me off too, I would be happy to pay that increase if we had better schooling, more access to medical care, better environmental protections. Instead my 13% increase is covering so that Trumps friends can become wealthier.

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My friend just moved to Australia. Even though a big amount of her paycheck goes to taxes but in the end she gets a lot in return. Her husband her and her are ready to buy their second home because they get a good tax break for it. And then they get all of the good things you mentioned in ur second paragraph above So I totally agree with ur stmt as well.

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Own 2 houses with combine mortgages of almost 750k. And ends up using standard deduction instead.
Compare the tax I owe this year vs last and it’s actually lower.
Here’s some stat from TurboTax
Effective rate is now 14.58% compare to 16.25 last year.
Tax bracket is 24% to 28%
Paid 2k less in total tax this year while earning more.
But my tax refund is significantly less though.

PS - I didn’t even vote for the orange guy.

likefunny

Same folks chanted about Mexico paying for the wall and locking Hillary up. I wouldn’t consider them smart. Smart are the spin doctors , who decide to be rational whenever it suits their overlord .

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I can’t believe how many socialists there are on line
- I don’t like Trump personally but y’all ready to fork over more money so people like AOC give your money to people who can work but choose not to - do you really enjoy working 500 hours of overtime a year so a ton of people can sit around?
I’m for helping the poor, the disabled and those who can’t work but I’ll be damned if I support loafers when the economy will s booming and there are a ton jobs going infilled

Plus anyone who thinks that just the rich will pay just needs to look at any European country to see how much the middle and professional classes pay in taxes

likefunny

Ah yes “socialists” the rights new boogeyman. Boy your handlers sure do have you shook

KPMG1 - if you took standard deduction last year and this year, your liability will likely be lower. You will start hating taxes if your property tax and loan is 1mm+

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