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2019 taxes complete

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EFI

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Last 2 years my return has gotten smaller and smaller. Dropped $300 last year and another $150 this year. I haven't changed tax brackets. And my healthcare prices went up, and the price to DO my return went up because places redid their prices after the tax changes in late 2018.

I'm not seeing any of these amazing tax changes or raises we were promised.
Have you seen less taxes taken out of your paycheck, especially comparing to 2017?
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bigfoot21075

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Trump has instructed the IRS to only give the breaks to his friends.
You are of course full of crap. wage growth for low income workers now DOUBLES wage growth for high income workers, “The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976,”

The ONLY NUMBER that matters is your overall tax rate. You have to figure that out to know anything. All else is circumstantial.
 

watisthis

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You are of course full of crap. wage growth for low income workers now DOUBLES wage growth for high income workers, “The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976,”

The ONLY NUMBER that matters is your overall tax rate. You have to figure that out to know anything. All else is circumstantial.
That's called minimum wage increases which Republicans have been against. If minimum wage had kept up with inflation and production we'd have even better wage growth.

"The median or average" Lmao what? These are not the same thing, who are you quoting? https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html

None of this has anything to do with the new tax code and limiting or taking away deductions. Many of us know where our money is going, I wish I could say the same for the corporations not paying their taxes.

The extra money you get in your paycheck for the IRS determining that your W-4 deduction elections should go down for your exemptions, saving a few hundred $s in payroll deductions. Only to owe hundreds if not thousands more comparatively to a few years ago and its only going to get worse for many thanks to cooperate tax cuts.

My tax liability alone shot up 16k thanks to the removal of the personal and dependent exemptions.
 

bigfoot21075

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That's called minimum wage increases which Republicans have been against. If minimum wage had kept up with inflation and production we'd have even better wage growth.

"The median or average" Lmao what? These are not the same thing, who are you quoting? https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html

None of this has anything to do with the new tax code and limiting or taking away deductions. Many of us know where our money is going, I wish I could say the same for the corporations not paying their taxes.

The extra money you get in your paycheck for the IRS determining that your W-4 deduction elections should go down for your exemptions, saving a few hundred $s in payroll deductions. Only to owe hundreds if not thousands more comparatively to a few years ago and its only going to get worse for many thanks to cooperate tax cuts.

My tax liability alone shot up 16k thanks to the removal of the personal and dependent exemptions.
Your post was making false claims about the latest tax cuts. You said, "Trump has instructed the IRS to only give the breaks to his friends." THAT is complete and utter bull. The overall tax rate for the vast majority of American has gone down.
 

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watisthis

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Your post was making false claims about the latest tax cuts. You said, "Trump has instructed the IRS to only give the breaks to his friends." THAT is complete and utter bull. The overall tax rate for the vast majority of American has gone down.
That wasn't my post, but no I do not believe you understand how the 2017 tax cuts and job act works.

https://itep.org/notadime/

https://www.huffpost.com/entry/60-biggest-companies-paid-no-taxes_n_5cb01f75e4b0ffefe3ae2626

I would like to see the data on overall tax rate for the vast majority of Americans has gone down tho as I'm sure there's nothing disingenuous with their data when we're effectively giving socialism to cooperations.
 

Docscurlock

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You are of course full of crap. wage growth for low income workers now DOUBLES wage growth for high income workers, “The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976,”

The ONLY NUMBER that matters is your overall tax rate. You have to figure that out to know anything. All else is circumstantial.
Actually, Don and I sat down and made sure that the IRS only gave tax breaks to our friends. We go way back and #whatisthis is not a friend to Trump, in fact we instructed the IRS to increase his taxes. You better be careful or you will be put on the "naughty list" too.

Of course, I'm full of crap. Was meant as complete sarcasm. Who would think that the IRS could be used as a political tool? (Yes, sarcasm, also.)
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