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Started By
Message
re: Middle Class Dads Freak Out About Trump Tax Hike on Twitter
Posted on 2/7/19 at 4:11 pm to Darth_Vader
Posted on 2/7/19 at 4:11 pm to Darth_Vader
quote:
I’m as middle class as they come and we’re getting back the biggest federal return I’ve ever got. This story is full of shite.
I voted for President Trump and will do so again in 2020. I am married with 2 kids, an E7 in the Army and wife is a school teacher. We normally get around $3,500 - $4,000 back every year, but am only getting $450 back this year. So I don't believe these quotes are to far off base. I haven't compared my take home between 2017 and 2018, but I bet I took home more this past year and what I am missing on the return this year would most likely even out with the take home last year.
Posted on 2/7/19 at 4:13 pm to ssgrice
And did these folks look at how much less they paid in taxes? I paid $1300 less in taxes over the course of the year. My return was only $300 less. Net gain: $1000.
They may not be getting the return they want, but may have paid less in taxes over the course of the yr.
They may not be getting the return they want, but may have paid less in taxes over the course of the yr.
Posted on 2/7/19 at 4:14 pm to ssgrice
This is accurate. Most people weren't aware the tax cuts were coming to them (W-2 employees) in reduced withholding (even though they should have seen their paycheck increase).
Posted on 2/7/19 at 4:15 pm to ssgrice
quote:
I voted for President Trump and will do so again in 2020. I am married with 2 kids, an E7 in the Army and wife is a school teacher. We normally get around $3,500 - $4,000 back every year, but am only getting $450 back this year. So I don't believe these quotes are to far off base. I haven't compared my take home between 2017 and 2018, but I bet I took home more this past year and what I am missing on the return this year would most likely even out with the take home last year.
Look at your w-2 from last year and look at how much you paid in Federal income tax, and then do the same for your w-2 this year. You undoubtedly paid less in taxes this year, than you did last year.
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