Trump voters getting tax shock and regretting their votes

[Anonymous]

The GOP should not have tinkered with the withholdings. The psychological impact on the market will be bigger than the actual tax owed at the end of the day. People simply do not want to cut a big check to the government, even if they are paying less tax overall in aggregate. It's going to have a big impact on consumer spending and durable goods orders.

This was a huge error by the GOP. They've decimated their support in purple states where MC and UMC right-leaning centrist homeowners rely on the SALT deduction.

[Anonymous]

Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got older, I got wiser.

[Anonymous]

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

[Anonymous]

Good. Trump voters deserve a good shock.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

[Anonymous]

Ummm... I got less back because less was taken from my paycheck every month. I was taxed $2,000 less this past year so of course my refund will be less. Bottom line, I have more of my own money, trying to insinuate otherwise = cataclysmic stupidity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

Sure they would. But most people don't. They feel like they would spend that extra $50 here, $75 there in their bi-weekly paycheck instead of sticking it into their savings account, but having it withheld is a kind of automatic savings trick, even if they're not getting the interest (what, $15?) from it and at the end of that year they'll have $1300 to spend.

[Anonymous]

Anonymous wrote:Ummm... I got less back because less was taken from my paycheck every month. I was taxed $2,000 less this past year so of course my refund will be less. Bottom line, I have more of my own money, trying to insinuate otherwise = cataclysmic stupidity.

Well, you're going to have to convince those Trump supporters who are upset that they are stupid. We've been told that having someone tell them they're stupid is the reason they voted for Trump in the first place, so don't expect a happy reception.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

You are so blind to the privilege that lets you say that.

[Anonymous]

Anonymous wrote:Ummm... I got less back because less was taken from my paycheck every month. I was taxed $2,000 less this past year so of course my refund will be less. Bottom line, I have more of my own money, trying to insinuate otherwise = cataclysmic stupidity.

LOL. It is like you having been watching things since 2016. Nation of idiots!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

Sure they would. But most people don't. They feel like they would spend that extra $50 here, $75 there in their bi-weekly paycheck instead of sticking it into their savings account, but having it withheld is a kind of automatic savings trick, even if they're not getting the interest (what, $15?) from it and at the end of that year they'll have $1300 to spend.

But if they got the money last year, or even more, they can’t claim they’ve been done wrong by the tax changes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

You are so blind to the privilege that lets you say that.

It’s all about the privilege, right? Everything is about the privilege.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Interesting that the press is touting lower refunds--not lower tax payments.........

I remember the first year I paid taxes--it was the refund that counted. As I got wealthier, I got wiser.

Fixed that for you.

Most Americans don't have enough cash to afford a $500 emergency. Their tax refund is the biggest single payment they receive all year. And hence why it is used by families to make major purchases: a down payment on a new car, a new washer/dryer set, or to finally replace the roof on their house.

They would be wise to pay less taxes with each paycheck instead of loaning their money to the government and then getting it back, interest free, and feeling like it’s a bonus.

You are so blind to the privilege that lets you say that.

It’s all about the privilege, right? Everything is about the privilege.

Yep, it is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ummm... I got less back because less was taken from my paycheck every month. I was taxed $2,000 less this past year so of course my refund will be less. Bottom line, I have more of my own money, trying to insinuate otherwise = cataclysmic stupidity.

Well, you're going to have to convince those Trump supporters who are upset that they are stupid. We've been told that having someone tell them they're stupid is the reason they voted for Trump in the first place, so don't expect a happy reception.

Wouldn't that be funny.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ummm... I got less back because less was taken from my paycheck every month. I was taxed $2,000 less this past year so of course my refund will be less. Bottom line, I have more of my own money, trying to insinuate otherwise = cataclysmic stupidity.

Well, you're going to have to convince those Trump supporters who are upset that they are stupid. We've been told that having someone tell them they're stupid is the reason they voted for Trump in the first place, so don't expect a happy reception.

They’re so eager to be led around by the rings through their noses, they’ll find a way to blame the Democrats anyway.