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Politics

The amount of people judging the tax cuts based on their - return seriously misunderstand how

Posted: Feb 12th, 2019 - 5:42 am In Reply to: Taxes --- middle class getting hit the worst - Why was this so difficult to realize

this whole thing works.

1.) Did you start seeing extra money every paycheck? You most likely did.
2.) If yes, please multiply that by how many paychecks you got in 2019.
3.) Take that number and subtract the difference between the interest free loan the government decided to give you back last year vs this year.
4.) Feel better?
5.) If you qualified for EIC please stop complaining.

CNN and the other leftist media are reporting “smaller refunds on average” when the truth is you already got it back during the year.

From a FB friend: “I watched my withholding for the first few checks on the new tables, and adjusted mine BACK to the same net pay, and paid $500 less taxes on 5,000 MORE gross income. Standard deduction, no EITC.

So some people get it.

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