Republicans call those loopholes too. - Yes, people do use whatever

Posted: Feb 7th, 2019 - 6:20 am In Reply to: Democrats call those "loopholes" when you make more. - Anybody would use what is available

loopholes they can legally use to reduce their tax burden.

I remember the days when you could deduct credit card interest and car loan interest. Now, I even lost my home office deduction.

I haven't done my taxes yet so I can't comment on how I fare but with the standard deduction being higher, maybe it will be okay.

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About that massive tax break? - SM (Views: 386, 2019-02-07, 1:18 am)
- Weird, because mine is just the opposite. I got back twice - as much. (Views: 218, 2019-02-07, 3:34 am)
  - My co-worker gets back more than she paid in taxes - every year. She gets EITC and all (Views: 194, 2019-02-07, 6:03 am)
    - Democrats call those "loopholes" when you make more. - Anybody would use what is available (Views: 189, 2019-02-07, 6:04 am)
      - Republicans call those loopholes too. - Yes, people do use whatever
        I remember being able to deduct credit card interest, but - that's basically a federal subsidy so (Views: 201, 2019-02-07, 6:25 am)
      - Punitive taxes on the rich (done to get votes and promote - class envy) always hurts the (Views: 223, 2019-02-07, 7:14 am)
  - Not only did I get more back, my gas company passed their - tax savings along to their customers. (Views: 215, 2019-02-07, 7:00 am)
- Well, if you made less... - sm (Views: 204, 2019-02-07, 5:56 am)
- Simple. You paid less in taxes. - nm (Views: 194, 2019-02-07, 6:00 am)
  - Yes, we paid less in payroll taxes throughout the year..sm - VTMT (Views: 203, 2019-02-07, 6:52 am)
- Oh for gawd's sake - What is percentage (Views: 229, 2019-02-07, 7:28 am)
  - Some long time deductions have been eliminated. - nm (Views: 196, 2019-02-07, 10:11 am)
- That's easy - sm (Views: 215, 2019-02-08, 12:19 am)