Tax Reform 2018

[_subgenius]

got any legit tweets to post?

(and fyi, Obamacare "fixed" healthcare, remember?)

[_canpakes]

[_subgenius]

so that's a no.

[_canpakes]

[_canpakes]

While some Americans are frustrated with the size of their refunds this tax season, a number of Democratic lawmakers are using the opportunity to criticize the Trump administration's tax law.

A group of about 40 Democratic senators sent a letter to the administration on Friday, calling for the Internal Revenue Service (IRS) to waive penalties on taxpayers that had their payments underwithheld this year as a result of the tax reform law and the adjusted withholding tables.

"It looks like the Trump Treasury Department spent 2018, an election year, goosing people's paychecks by under-withholding, and it should have been obvious that the bill would come due eventually," Senate Finance Committee Ranking Member Ron Wyden, D-Ore., said in a statement.

Senate Minority Leader Chuck Schumer, D-N.Y., blasted the administration for the resulting refund amounts.

"Many Americans depend on their tax refund to pay bills and make ends meet - but this tax season, working families will see smaller than expected returns and surprise tax bills because the Trump administration used smoke and mirrors in a shallow attempt to exaggerate the impact of their tax law on middle class families for political reasons," Schumer said.

As previously reported by FOX Business, it was projected that about 21 percent of workers were at risk of having their taxes underwithheld under the current tax structure - 3 million more than estimates based on the old tax code. Taxpayers were urged to check and update their withholding amounts during the year, but as of October, most people had not done so.

The IRS announced last month it would waive the penalty on those whose total withholding and estimated tax payments are at least 85 percent of the taxes they owe.
.
Meanwhile, taxpayers have been airing frustrations on social media with hashtags like /#TaxScam and /#NeverOwedBefore as smaller refund checks come in. Some people are even stuck with a bill for the first time.

The average refund during the first 12 days of filing season was $1,949, the IRS said on Thursday. That compares with $2,135 during the same period last year - a decline of 8.7 percent

https://www.foxbusiness.com/economy/irs ... et-tax-law

[_subgenius]

"Many Americans depend on their tax refund to pay bills and make ends meet ...

So according to this quote, most Americans don't understand withholding status; don't understand that paying less taxes over the year will result in smaller refund; and don't understand that their larger paychecks are because of less taxes being withheld?

And a refund of $2,135 makes ends meet for the year but $1,949 and the ends just don't come close? $86 and the year is a bust....yep makes total sense to an overwhelming majority of working Americans (a.k.a. "willing and able").

I think its obvious that you and Schumer are the ones who "doesn't understand ".

[_canpakes]

And a refund of $2,135 makes ends meet for the year but $1,949 and the ends just don't come close? $86 and the year is a bust....yep makes total sense .

Hey, Bright Eyes ... you know that your cellphone has a calculator on it, right? You might want to use it more often. At least, I hope you’re not doing your own taxes.

I think its obvious that you and Schumer are the ones who "doesn't understand ".

I can’t speak for Schumer, but our tax work is completed already and we’re fine. You might reach out to your fellow Trumpies, though, as they seem to be in the mix of those complaining.

In the meantime, please hold off on giving anyone any tax advice, given that you "doesn't understand " how either English or simple math works.

[_subgenius]

And a refund of $2,135 makes ends meet for the year but $1,949 and the ends just don't come close? $86 and the year is a bust....yep makes total sense .

Hey, Bright Eyes ... you know that your cellphone has a calculator on it, right? You might want to use it more often. At least, I hope you’re not doing your own taxes.

I think its obvious that you and Schumer are the ones who "doesn't understand ".

I can’t speak for Schumer, but our tax work is completed already and we’re fine. You might reach out to your fellow Trumpies, though, as they seem to be in the mix of those complaining.

In the meantime, please hold off on giving anyone any tax advice, given that you "doesn't understand " how either English or simple math works.

Oh my, now is all different - $186...yep, Schumer has the pulse of the nation.
Who is complaining again?
I can't seem to find anyone complaining that isn't a registered Democrat, with a hair- fire.

[_canpakes]

Oh my, now is all different - $186...yep, Schumer has the pulse of the nation.

Maybe he does, maybe he doesn’t. But bets are on that he has better math skills than you just demonstrated. Likely better reading comprehension skills as well, considering that he has nothing to do with the IRS calculation.

Who is complaining again?
I can't seem to find anyone complaining that isn't a registered Democrat, with a hair- fire.

Baby steps, subs. You’re biting off far too much here. At the moment, you can’t even locate the calculator function on your own cell phone. Master that first, then strive for the more complex tasks. ; )

[_Kevin Graham]

Turns out the only people guaranteed a tax cut are the uber wealthy.

Gee, its almost as if Hillary and all the Libtards knew what they were talking about.

Twitter lights up with Middle-Class Trump voters denouncing him as a fraud after paying more taxes than they have their entire lives.

Tax Refund Fiasco Is Political Payback For Republicans