Domain: tiger-web1.srvr.media3.us Average tax refunds were down last week 8.4 percent | Page 5 | Political Talk
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re: Average tax refunds were down last week 8.4 percent

Posted on 4/5/19 at 6:28 am to
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/5/19 at 6:28 am to
Most people never even see their paycheck
Posted by Jorts R Us
Member since Aug 2013
17283 posts
Posted on 4/5/19 at 6:29 am to
quote:

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.


I was thinking about it more in the context of fiscal year and not calendar year filers. I’m sure the majority trued up in a later Q but a number of corps actually like a little cushion even if it means an overpayment carryforward (which to your point probably shouldn’t be considered a refund). If the q estimates were materially off they could have also filed a 4466 prior to the actual CIT filing. Calendar years are a different story since the new rate was effective 1/31/18.

I’m not saying the OP’s point is valid. I suppose he is referring to the new rate moreso than actual refunds. I won’t derail further with my thoughts there.
This post was edited on 4/5/19 at 6:32 am
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/5/19 at 6:35 am to
quote:

Wrong


Real weekly earnings up 1.6% Feb 2018 to Feb 2019 when accounting for hours worked. The current inflation rate for the United States is 1.5% for the 12 months ended February 2019.

We'll know about March in a few days.
This post was edited on 4/5/19 at 6:37 am
Posted by jnethe1
Pearland
Member since Dec 2012
17433 posts
Posted on 4/5/19 at 6:46 am to
You are an idiot who shouldn’t speak.
We got less in tax returns because the government had to give us less of our own damn money than they have in the past because they took less.

They aren’t giving you free money, it’s what’s left of the money you were forcibly made to contribute.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
95166 posts
Posted on 4/5/19 at 6:47 am to
quote:

“Taxpayers want a large refund.”


Every taxpayer can have as big a refund they want. Increase withholding and wait until tax season next year.

Sadly, this is typical. Dems tax the frick out of people for over a century. Trump gets folks more money in their paycheck, every week, and they bitch because their "refunds" (0% on a loan you made to the government all year payment would be too cumbersome) are smaller.

FFS...
Posted by oogabooga68
Member since Nov 2018
27194 posts
Posted on 4/5/19 at 6:53 am to
quote:


But the corporations and billionaires got theirs.


Someones' upset they won't be able to afford curb feelers for their shitty 78' Buick....
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56139 posts
Posted on 4/5/19 at 6:56 am to
I went from paying 2 grand for the three years previous to 2018. I got back 2 grand for last year. I sure the hell ain't complaining.
Posted by bengalfan50
Louisiana
Member since Mar 2009
2691 posts
Posted on 4/5/19 at 7:00 am to
Stuuuuuupid!!!
Posted by oogabooga68
Member since Nov 2018
27194 posts
Posted on 4/5/19 at 7:01 am to
quote:

But the corporations and billionaires got theirs.


Time to grow up and face reality: Corporations and Billionaires are MUCH MORE BENEFICIAL to Society that lazy azzholes who do nothing but feed, breed and draw a monthly check for sitting on their azzes....
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56139 posts
Posted on 4/5/19 at 7:09 am to
quote:

Time to grow up and face reality: Corporations and Billionaires are MUCH MORE BENEFICIAL to Society that lazy azzholes who do nothing but feed, breed and draw a monthly check for sitting on their azzes....


Some people never accept their role in life. These are the whiners of life.
Posted by RobbBobb
Member since Feb 2007
33822 posts
Posted on 4/5/19 at 8:28 am to
quote:

Edward Karl of the American Institute of CPAs

One thing I learned today, never hire this guy
Posted by LSU0358
Member since Jan 2005
8137 posts
Posted on 4/5/19 at 8:30 am to
quote:

Average tax refunds


Is not equal to average taxes paid. But it is cute seeing Trump haters try and take advantage of people on yet another topic.
Posted by JOJO Hammer
Member since Nov 2010
12358 posts
Posted on 4/5/19 at 8:41 am to
quote:

taxing the frick out of the ultra wealthy....


Why punish those who work hard for what they have?
Posted by moneyg
Member since Jun 2006
62567 posts
Posted on 4/5/19 at 9:32 am to
quote:

Average tax refunds
Posted by BlackAdam
Member since Jan 2016
7103 posts
Posted on 4/5/19 at 9:34 am to
quote:

Is not equal to average taxes paid. But it is cute seeing Trump haters try and take advantage of people on yet another topic.


the headline would be more correct if it said "Americans don't understand how taxes work."
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