Trump voters getting tax shock and regretting their votes

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

We already had that with Obama, but without the massive additional debt and deficit.

I'm an educator. Under Obama's administration, our school system reduced our salary across the board by over 2%, no raise in 6 years, and health insurance premium went up $100/month.

[Anonymous]

Anonymous wrote:Trump voter and very pleasantly surprised by a $6K refund. Thank you, Trump.

^ Does not understand their own taxes.

[Anonymous]

Another UMC couple with a big increase.

Can't believe they got away with giving the rich a huge tax break and the upper middle class a.big tax hike.

Never forget what the Republicans did. They targeted us. Time to add a few more tax brackets and the federal subsidies the South gets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

We already had that with Obama, but without the massive additional debt and deficit.

I'm an educator. Under Obama's administration, our school system reduced our salary across the board by over 2%, no raise in 6 years, and health insurance premium went up $100/month.

Thank you for reminding DC liberals about life outside the bubble.

Also,
1) Obama increased public debt by 8 trillion, more than all previous Presidents combined
2) The economy by 2015 and 2016 was on a serious decline, threatening another recession

So the comment by previous PP is beyond ludicrous.

[Anonymous]

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

Feel free to send a $50k check to the cause of your choice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:Trump voter and very pleasantly surprised by a $6K refund. Thank you, Trump.

^ Does not understand their own taxes.

^ Has no clue what they're talking about and is bitter that they didn't also get a refund.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump voter and very pleasantly surprised by a $6K refund. Thank you, Trump.

^ Does not understand their own taxes.

^ Has no clue what they're talking about and is bitter that they didn't also get a refund.

DP. What do you think the *refund* is the part worth mentioning?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

So interesting that you don't include mention of pay raises/adequate salaries in your description. What good is a "great economy" if people are still living paycheck to paycheck, are one paycheck away from complete financial ruin, can't afford health insurance or health care, can't afford housing, etc etc etc? For whom is that economy great? Not those living in poverty or barely sustainable lower middle class. Meanwhile the rich get richer. Do you honestly think the massive income inequality in our country is a healthy, sustainable thing?

[Anonymous]

I think those living in Maryland (ny, ca and other states with high state taxes) are really feeling the pinch. We paid less and got back more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

So interesting that you don't include mention of pay raises/adequate salaries in your description. What good is a "great economy" if people are still living paycheck to paycheck, are one paycheck away from complete financial ruin, can't afford health insurance or health care, can't afford housing, etc etc etc? For whom is that economy great? Not those living in poverty or barely sustainable lower middle class. Meanwhile the rich get richer. Do you honestly think the massive income inequality in our country is a healthy, sustainable thing?

Hey, I thought that after 8 full years in the WH, and after spending TRILLIONS more than any other President...Obama had solved some of those problems?

Like.....none?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

So interesting that you don't include mention of pay raises/adequate salaries in your description. What good is a "great economy" if people are still living paycheck to paycheck, are one paycheck away from complete financial ruin, can't afford health insurance or health care, can't afford housing, etc etc etc? For whom is that economy great? Not those living in poverty or barely sustainable lower middle class. Meanwhile the rich get richer. Do you honestly think the massive income inequality in our country is a healthy, sustainable thing?

Hey, I thought that after 8 full years in the WH, and after spending TRILLIONS more than any other President...Obama had solved some of those problems?

Like.....none?

He took us out of the Great Recession and prevented us from sinking into a depression. Kudos to him. Too bad Trump is laying plans to send us into another one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

So interesting that you don't include mention of pay raises/adequate salaries in your description. What good is a "great economy" if people are still living paycheck to paycheck, are one paycheck away from complete financial ruin, can't afford health insurance or health care, can't afford housing, etc etc etc? For whom is that economy great? Not those living in poverty or barely sustainable lower middle class. Meanwhile the rich get richer. Do you honestly think the massive income inequality in our country is a healthy, sustainable thing?

Hey, I thought that after 8 full years in the WH, and after spending TRILLIONS more than any other President...Obama had solved some of those problems?

Like.....none?

Like...what has Trump done to solve them?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just got our #s from our accountant. We will pay $50k less under the new system compared to the old. $50k! Which is great. But we are not the people who need to pay less. This is not good on a macro level.

45% people pay zero or even negative income tax. It's really tough to help them pay less...

Not sure of your point. My point, since it blew over your head, is that we are high income and got a pretty big benefit from the changes. Which is great on an individual level. But terrible on a macro level where people like us need to pay more (or at least the same) to support government programs. A huge and growing deficit is not good. It is pure stupidity that we are paying $50k less.

At a macro level, the best government program ever is to have a great economy and full employment -- which we have as a consequence of this tax reform, smartly primarily aimed at corporations, not individuals.

Now, if you want to spend that $50k, nothing prevents you from hiring a publicist and launching a coalition of folks who want to donate more to good causes.

So interesting that you don't include mention of pay raises/adequate salaries in your description. What good is a "great economy" if people are still living paycheck to paycheck, are one paycheck away from complete financial ruin, can't afford health insurance or health care, can't afford housing, etc etc etc? For whom is that economy great? Not those living in poverty or barely sustainable lower middle class. Meanwhile the rich get richer. Do you honestly think the massive income inequality in our country is a healthy, sustainable thing?

Hey, I thought that after 8 full years in the WH, and after spending TRILLIONS more than any other President...Obama had solved some of those problems?

Like.....none?

Like...what has Trump done to solve them?

Well, it's early to tell, but having more Americans employed than at any point in our history is a great start.

To finally see some general wage increases, even if too small, is another great data point.

To have the economy growing at 3% (vs 1% in 2016) is not bad either.

A booming stock market (which had been pretty flat in 2015 and 2016) also helps more than a hundred fifty million savers/ investors.

So, let's see!

[Anonymous]

Anonymous wrote:I think those living in Maryland (ny, ca and other states with high state taxes) are really feeling the pinch. We paid less and got back more.

We live in moco. We used to get back $8k which we used for summer camp and vacation. This year we owed money.

We aren't rich. Not even sure if we are considered UMC or just plain MC.

No clue why people don't realize the republicans only look out for the wealthy.