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Started By
Message
Posted on 2/10/19 at 7:31 am to TigersFan64
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
So in essence $12,000
-$ 1,600
=$ 10,400 gain
Can you explain how I lost money
Posted on 2/10/19 at 9:00 am to TBoy
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 on 2/10/19 at 9:09 am to TBoy
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 on 2/10/19 at 9:17 am to TigersFan64
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 on 2/10/19 at 12:08 pm to TigersFan64
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 on 2/10/19 at 12:44 pm to TigersFan64
Bwahahahahahhahaha
What a moron.
What a moron.
Posted on 2/10/19 at 12:53 pm to TigersFan64
So, you've got a Yahoo source and the original source for them is Huffpo. Nice work.
Posted on 4/4/19 at 9:25 pm to TigersFan64
quote:
TigersFan64
You are a real Einstein !
Posted on 4/4/19 at 9:36 pm to TigersFan64
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 on 4/4/19 at 9:55 pm to NC_Tigah
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 on 4/4/19 at 10:28 pm to TigersFan64
This kind of thinking explains why many Americans are broke and will retire broke despite working their entire lives.
Posted on 4/4/19 at 10:50 pm to TigersFan64
quote:
TigersFan64
You poor stupid bastard. Are you not tired of being viewed as another useless liberal village idiot?
Posted on 4/5/19 at 4:57 am to TigersFan64
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.
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 on 4/5/19 at 5:04 am to TigersFan64
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 on 4/5/19 at 5:13 am to FredBear
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 on 4/5/19 at 5:28 am to TigersFan64
Deleted
This post was edited on 4/5/19 at 5:37 am
Posted on 4/5/19 at 5:55 am to Jorts R Us
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 on 4/5/19 at 5:59 am to PEPE
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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