Reply to Trump voters getting tax shock and regretting their votes

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]“The average tax refund so far has shrunk to $2,640 from $3,169 at the same point last year, according to Internal Revenue Service data through Feb. 15 that were released late Friday. That’s a 16.7% drop.

The total number of returns that qualified for refunds was down 26.5% compared with last year and the amount of money refunded was off by 38.8%, the data showed. The IRS has processed 6.6% fewer returns compared with last year because of the partial federal government shutdown.”

https://www.latimes.com/business/la-fi-tax-refunds-decline-trump-irs-20190223-story.html?outputType=amp&__twitter_impression=true[/quote]

Excellent.

In the perfect world there should be zero refunds.[/quote]

But we don't live in a perfect world; we live in the real world. Lots of very middle class people (my mom, my stepsister included) purposefully adjust their withholdings to provide them with a windfall at tax return time. Is it a "free loan to the government? Yes. Is it a relatively efficient and passive savings vehicle for the financially unsavvy? Yes.[/quote]

+1  This doesn't mean that people are being more efficient about not overpaying the government during the year.  It means they are paying more taxes, and the people who owe for the first time are in for a nasty shock.[/quote]

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