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Surprise! Biden lied about your taxes not changing if you earned less than 400,000

Posted on 4/16/23 at 3:27 pm
Posted by Placekicker
Florida
Member since Jan 2016
8089 posts
Posted on 4/16/23 at 3:27 pm
quote:

“If you are an American individual or family earning less than $400,000, you will not see a dollar increase in your taxes,” they said


This was a lie. I earned less than 400k last year, but about what I earned the year before. My deductions were higher than last year, by a lot.

My tax debt doubled. I got more credit for buying an energy efficient appliance than I did my mortgage insurance and property taxes!

Has anyone else experienced the same?
Posted by Smeg
Member since Aug 2018
9290 posts
Posted on 4/16/23 at 3:29 pm to
Fact check: False.
Just because your tax debt doubled, doesn't mean that Biden increased your taxes.

Edit: Experts say that not wanting to pay your fair share of taxes is rooted in racism and white supremacy.
This post was edited on 4/16/23 at 3:35 pm
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39939 posts
Posted on 4/16/23 at 3:31 pm to
Sounds like your increase is more than a dollar, so he wasn’t lying.
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 4/16/23 at 3:35 pm to
All I know is my tax libaility went up....and eveyone I know says the same!

FJB!!!!!!!!
Posted by BobABooey
Parts Unknown
Member since Oct 2004
14267 posts
Posted on 4/16/23 at 3:36 pm to
Inflation is a tax, too.

But your Independence Day cookout was 16 cents cheaper so it evens out.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
11062 posts
Posted on 4/16/23 at 3:37 pm to
Tax rate , Year

11.93 , 2021

12.18 , 2022
Posted by LoneStar23
USA
Member since Aug 2019
5162 posts
Posted on 4/16/23 at 3:38 pm to
quote:

Experts say that not wanting to pay your fair share of taxes is rooted in racism and white supremacy.

Are you a writer for CNN?
Posted by Smeg
Member since Aug 2018
9290 posts
Posted on 4/16/23 at 3:40 pm to
quote:

Are you a writer for CNN?


No, but sometimes I attempt to post like one on TD.
Posted by PeleofAnalytics
Member since Jun 2021
2749 posts
Posted on 4/16/23 at 3:42 pm to
In general I have seen it going up but I haven't seen anyone with the exact taxable income. I've seen it go both ways this tax season but most of the issues I have seen is there are a whole lot more people getting capital losses this year compared to last. If the share of your Long term and Short term capital gains have fluctuated with your net taxable income being the same, your tax due is definitely going to change a bit.
This post was edited on 4/16/23 at 3:44 pm
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68300 posts
Posted on 4/16/23 at 3:45 pm to
Destroy the middle class is the goal. Only poor and elite in a democrat society
Posted by 2020_reVISION
Richmond,VA
Member since Dec 2020
3031 posts
Posted on 4/16/23 at 3:50 pm to
quote:

quote:
Are you a writer for CNN?

No, but sometimes I attempt to post like one on TD.


So, you try to lie. Got it.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67865 posts
Posted on 4/16/23 at 3:50 pm to

Anyone with 2 brain cells knew this in 2020.
Posted by Placekicker
Florida
Member since Jan 2016
8089 posts
Posted on 4/16/23 at 3:54 pm to
quote:

Edit: Experts say that not wanting to pay your fair share of taxes is rooted in racism and white supremacy.


You have a point. I was being selfish and not wanting to pay for the living expenses of someone in inner city Chicago or pay the pension of an elderly Ukrainian.
Posted by Smeg
Member since Aug 2018
9290 posts
Posted on 4/16/23 at 3:55 pm to
quote:

So, you try to lie. Got it.

More like mocking leftists.
Posted by BFIV
Virginia
Member since Apr 2012
7717 posts
Posted on 4/16/23 at 4:45 pm to
Simple way to check. Just calculate your 2022 tax return with the exact same numbers as your 2021 return.
Posted by LSUconvert
Hattiesburg, MS
Member since Aug 2007
6229 posts
Posted on 4/16/23 at 4:48 pm to
quote:

I was being selfish and not wanting to pay for the living expenses of someone in inner city Chicago or pay the pension of an elderly Ukrainian.


I can't imagine what it would be like going through life willfully ignorant of the facts.

You know the things your federal income taxes pay for is public knowledge, right?
Posted by Bulldogblitz
In my house
Member since Dec 2018
26781 posts
Posted on 4/16/23 at 5:11 pm to
Guess you'll have to drink bud light to save some money.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 4/16/23 at 5:16 pm to
so this is an extension of the "Are all Democrats stupid thread?
Posted by billjamin
Houston
Member since Jun 2019
12490 posts
Posted on 4/16/23 at 5:22 pm to
Got to pay for those stimmies and PPP somehow.
Posted by LSUROXS
Texas
Member since Sep 2006
7151 posts
Posted on 4/16/23 at 5:36 pm to
No shite!! I paid more than my fair share this year!
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