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re: Middle Class Dads Freak Out About Trump Tax Hike on Twitter

Posted on 2/7/19 at 4:11 pm to
Posted by ssgrice
Arizona
Member since Nov 2008
3060 posts
Posted on 2/7/19 at 4:11 pm to
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 by bluestem75
Dallas, TX
Member since Oct 2007
3300 posts
Posted on 2/7/19 at 4:13 pm to
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.
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/7/19 at 4:14 pm to
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 by Epic Cajun
Lafayette, LA
Member since Feb 2013
32968 posts
Posted on 2/7/19 at 4:15 pm to
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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