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Reply to "Just did taxes...annoyed. Other people in the same boat?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just did ours. W-2 income only, same deductions as last year and income went up only very slightly. We are solidly middle-class with a combined taxable income well under $200k. Two kids and only mortgage to deduct. We paid more taxes in 2018 and got a much smaller refund. We saw no increase in our take-home pay when the tax cuts were implemented. The "tax cuts" were bullshit. [/quote] This is us. We paid $8k more this year and our effective tax rate increased.[/quote] $200k is wealthy, top 4% nationwide. If you are not ready to pay $8k more (and that's because of DC tax BS), you are going to love it when you have to pay $30-40k more to fund all those lovely "progressive" ideas like free college and free healthcare and free Green jobs whatever that is :-)[/quote] I would feel better if my tax dollars were paying for lovely progressive ideas, rather than subsidizing the ultrarich who got a huge tax cut. https://www.cbsnews.com/news/trump-mar-a-lago-christmas-trip/ [quote]President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, "You all just got a lot richer," referencing the sweeping tax overhaul he signed into law hours earlier. Mr. Trump directed those comments to friends dining nearby at the exclusive club -- including to two friends at a table near the president's who described the remark to CBS News -- as he began his final days of his first year in office in what has become known as the "Winter White House." The president has spent many weekends of his presidency so far at the "Winter White House," where initiation fees cost $200,000, annual dues cost $14,000, and some of the most affluent members of society have the opportunity to interact with the president in a setting while many Americans cannot. This weekend, the president arrived after signing the most consequential legislation, and arguably, the greatest achievement, of his presidency thus far. [/quote][/quote]
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