Domain: tiger-web1.srvr.media3.us Average tax refunds were down last week 8.4 percent | Page 4 | Political Talk
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re: Average tax refunds were down last week 8.4 percent

Posted on 2/10/19 at 1:17 am to
Posted by LSURussian
Member since Feb 2005
134308 posts
Posted on 2/10/19 at 1:17 am to
quote:

it's pretty much dead even with inflation..
Wrong.
Posted by roadGator
Member since Feb 2009
156748 posts
Posted on 2/10/19 at 2:10 am to
You progs are the worst
Posted by WhiteMandingo
Member since Jan 2016
7582 posts
Posted on 2/10/19 at 7:31 am to
I made 12,000 more this year and my taxes on my check stayed the same; however my tax return will be short about 1,600 then last year.

So in essence $12,000
-$ 1,600
=$ 10,400 gain
Can you explain how I lost money
Posted by ragincajun03
Member since Nov 2007
28462 posts
Posted on 2/10/19 at 9:00 am to
quote:

you know that the vast majority of people don't spend one minute analyzing their actual and potential tax liability. They like easy. A check in the spring is easy.


So the vast majority of American people are lazy and ignorant. Just how our politicians like them.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/10/19 at 9:09 am to
quote:

I think you know that the vast majority of people don't spend one minute analyzing their actual and potential tax liability. They like easy. A check in the spring is easy.

So. To be clear here. A supporter of the party that constantly claims to be so educated, is trying to use ignorance to scare voters?

I mean. Not that I'm surprised. I know that's what you liberals do. But, nice to see you admit it.
Posted by Goat Rider
Boulder, CO
Member since Feb 2018
947 posts
Posted on 2/10/19 at 9:17 am to
Imbeciles. Once the new tax law kicked in you were taxed LESS per exemption. If you paid less to the government at the end of the year than you might have money due later. Its all about the total amount of taxes you paid. You might have to lower your exemption amount since the law changed. Also, if you live in a Democrat state like New York and California with high SALT (state and local taxes) you will pay more in taxes. This was known from the start. So Californians and New Yorkers wont vote for Trump like the first time? I'm sure he cares.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 2/10/19 at 12:08 pm to
quote:

Average tax refunds were down last week 8.4 percent


quote:

But the corporations and billionaires got theirs.


I bumped this because I think more people need to read this crazy thread.

It's amazing this guy lists "accounting" as his occupation.

It's also amazing how many people don't know the difference between tax liability and a tax refund especially older people.

I wish the mods would pin this at the top until April 16th.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
90079 posts
Posted on 2/10/19 at 12:44 pm to
Bwahahahahahhahaha

What a moron.
Posted by Zach
Gizmonic Institute
Member since May 2005
117172 posts
Posted on 2/10/19 at 12:53 pm to
So, you've got a Yahoo source and the original source for them is Huffpo. Nice work.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 4/4/19 at 9:25 pm to
quote:

TigersFan64


You are a real Einstein !
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
137098 posts
Posted on 4/4/19 at 9:36 pm to
quote:

Average tax refunds were down last week 8.4 percent
over the same time last year.

But the corporations and billionaires got theirs


Corporations and billionaires got refunds? Do tell!
Posted by Jorts R Us
Member since Aug 2013
17281 posts
Posted on 4/4/19 at 9:55 pm to
quote:

Corporations and billionaires got refunds? Do tell!


I’d imagine a number of domestic corps got refunds since the first few q’s preceded the TCJA. Multinationals probably did not because of 965.

ETA: clarification - thinking more about fiscal, not calendar year filers.
This post was edited on 4/5/19 at 6:31 am
Posted by timdonaghyswhistle
Member since Jul 2018
20879 posts
Posted on 4/4/19 at 10:28 pm to
This kind of thinking explains why many Americans are broke and will retire broke despite working their entire lives.
Posted by 31TIGERS
Mike’s habitat
Member since Dec 2004
7219 posts
Posted on 4/4/19 at 10:50 pm to
quote:

TigersFan64


You poor stupid bastard. Are you not tired of being viewed as another useless liberal village idiot?
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 4/5/19 at 4:57 am to
I personally got screwed. Can’t write off mileage now. The new tax law sucks. I’ve jumped ship. I’m all for the lower corporate taxes, but man oh man. We paid 3,000 more this year.

And no before you say it, we didn’t take home enough extra each month to compensate for the large tax bill. We 100% paid more taxes this year. This administration has been one giant lie after another

Big screw up.
Posted by FredBear
Georgia
Member since Aug 2017
17237 posts
Posted on 4/5/19 at 5:04 am to
Why are you liberals so willfully ignorant? It's not what you get back numbnuts, it's what you paid in for the year and for the working class that amount is less.
Posted by iron banks
Destrehan
Member since Jul 2014
4193 posts
Posted on 4/5/19 at 5:13 am to
ORANGE MAN BAD improved my effective tax rate bigly. I am a sole proprietor and the 20% pass through deduction was huge. All these people crying about SALT are disingenuous in the amount it really is costing them unless they are paying huge mortgages and live in a state with insane tax rates.
Posted by Odudawg
Member since Feb 2019
21 posts
Posted on 4/5/19 at 5:28 am to
Deleted
This post was edited on 4/5/19 at 5:37 am
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
137098 posts
Posted on 4/5/19 at 5:55 am to
quote:

the first few q’s preceded the TCJA.

It would be fairly careless for corporate management to piss money away for several quarters, and without compensatory late quarter-filings to boot ..... Especially considering paycheck accounting was in place early on. Perhaps though, a laissez-faire approach is more widespread in US management than I appreciate.

The main point for the OP being, the bigger the refund, the greater the financial loss to the refundee. "Corporations and billionaires" understand that. The OP does not have a clue as to WTF I just said.
Posted by Loserman
Member since Sep 2007
23089 posts
Posted on 4/5/19 at 5:59 am to
quote:

Getting a big tax refund is actually a bad thing. If you're too stupid to understand that, your opinion on tax policy is irrelevant.


The OP is more than likely in the bottom 35% who doesn't end up paying ANY Federal income tax, and is upset that his EIC(redistribution of other peoples wealth check) may not be as big.
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