Anonymous
Post 02/10/2019 10:45     Subject: Trump voters getting tax shock and regretting their votes

Anonymous wrote:Can't a new administration change some of these tax laws if the tide turns?


Only if Congress is on board. As long as the Republicans control anynpart of Congress or the Presidency, people will continue to hurt under the new tax law.
Anonymous
Post 02/10/2019 10:24     Subject: Trump voters getting tax shock and regretting their votes

Anonymous wrote:Can't a new administration change some of these tax laws if the tide turns?


Definitely.
Anonymous
Post 02/10/2019 10:24     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The Wall Street Journal offers some different stats and figures.

https://www.wsj.com/articles/early-data-show-slower-start-to-tax-season-11549653138

So, some people are seeing refunds, but some who used to get refunds now aren't. And also those who are getting refunds, the size of the refund is down from last year.


Also most of the cuts that benefit salaried workers start to disappear soon and in ten years many more people will be paying more than they did in 2017

Yup. The individual tax cuts are temporary but the corporate tax cuts are permanent.
Anonymous
Post 02/10/2019 10:15     Subject: Trump voters getting tax shock and regretting their votes

Can't a new administration change some of these tax laws if the tide turns?
Anonymous
Post 02/10/2019 10:11     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:
Anonymous wrote:The Wall Street Journal offers some different stats and figures.

https://www.wsj.com/articles/early-data-show-slower-start-to-tax-season-11549653138

So, some people are seeing refunds, but some who used to get refunds now aren't. And also those who are getting refunds, the size of the refund is down from last year.


Also most of the cuts that benefit salaried workers start to disappear soon and in ten years many more people will be paying more than they did in 2017
Anonymous
Post 02/10/2019 09:47     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:
Anonymous wrote:What new rule or instruction caused this ???

The Tax Cuts & Jobs Act.

AKA Taxscam.
Anonymous
Post 02/10/2019 09:24     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:
Anonymous wrote:Fake news. People are thrilled with the tax cut. Only users are unhappy. The Democrat Party is making up twitter accounts to fool the media.

Do you think the WSJ is making up math too? Are you one of those who think math has liberal bias?

And tax accountants too are saying there are going to be some very unhappy people. IRS numbers support this assertion.

https://www.yahoo.com/huffpost/average-tax-refunds-down-8-054836423.html


The IRS had estimated it would issue about 2.3 percent fewer refunds this year as a result of the changes in the federal tax law, according to Bloomberg. MSNBC reports that 30 million Americans will owe the IRS money this year — 3 million more than before Trump’s tax law.

“There are going to be a lot of unhappy people over the next month,” Edward Karl of the American Institute of CPAs told Politico. “Taxpayers want a large refund.” Some 71 percent of taxpayers received refunds last year worth about $3,000 on average, according to Karl.
Anonymous
Post 02/10/2019 09:24     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:Fake news. People are thrilled with the tax cut. Only users are unhappy. The Democrat Party is making up twitter accounts to fool the media.
d

So why do IRS statistics show refunds down 8% this year compared to last year in the first filing week?
https://www.irs.gov/newsroom/filing-season-statistics-for-week-ending-february-1-2019
Anonymous
Post 02/10/2019 09:09     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:What new rule or instruction caused this ???


The 2017 GOP "Tax cuts"
Anonymous
Post 02/10/2019 09:07     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:What new rule or instruction caused this ???

The Tax Cuts & Jobs Act.
Anonymous
Post 02/10/2019 07:04     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:
Anonymous wrote:The Wall Street Journal offers some different stats and figures.

https://www.wsj.com/articles/early-data-show-slower-start-to-tax-season-11549653138

So, some people are seeing refunds, but some who used to get refunds now aren't. And also those who are getting refunds, the size of the refund is down from last year.


Right, in other words, the adjustments were made to the tables to make it appear the income was higher, when instead, it was designed so that the scoop would be made after the election. Thank goodness these jerks lost the House.
Anonymous
Post 02/10/2019 06:14     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:Fake news. People are thrilled with the tax cut. Only users are unhappy. The Democrat Party is making up twitter accounts to fool the media.

Do you think the WSJ is making up math too? Are you one of those who think math has liberal bias?
Anonymous
Post 02/09/2019 22:00     Subject: Re:Trump voters getting tax shock and regretting their votes

Fake news. People are thrilled with the tax cut. Only users are unhappy. The Democrat Party is making up twitter accounts to fool the media.
Anonymous
Post 02/09/2019 20:04     Subject: Re:Trump voters getting tax shock and regretting their votes

Anonymous wrote:The Wall Street Journal offers some different stats and figures.

https://www.wsj.com/articles/early-data-show-slower-start-to-tax-season-11549653138

So, some people are seeing refunds, but some who used to get refunds now aren't. And also those who are getting refunds, the size of the refund is down from last year.
Anonymous
Post 02/09/2019 19:43     Subject: Re:Trump voters getting tax shock and regretting their votes

The Wall Street Journal offers some different stats and figures.

https://www.wsj.com/articles/early-data-show-slower-start-to-tax-season-11549653138