Send him this:

Report back with how it is somehow the Democrats fault I want to hear what the excuse is for why the leopard didn't actually eat his face

Best post ITT so far imo lol

He’s toned down the trump talk lately. He’s smart enough to know he got played


Still sweet though.

Is he still a trump supporter?

I assume so

Haven’t heard his excuses for why he owes more yet

I’m sure it’s Obama’s fault.

Oh you sweet summer child

Edit: soon votes won't matter ie its rigged

https://www-m.cnn.com/2019/04/11/pol...www.cnn.com%2F

Highlights:
Most Americans got tax cuts
On average, owe 25% less federal taxes
Refunds basically unchanged
Blue states got ****ed, red won
Only 17% think they got a tax cut

Average
Is
Not
Median


Refunds unchanged is a massive lol

Let's start here:

How representative is the clientele of H&R Block?


This methodology seems questionable


Oh.


This seems important.


Shocking.


Shocking.

It’s not surprising lowest brackets don’t get much tax cut. They are paying very little to begin with.

Article says 65% of payers are paying less.

2.2% lower refunds is pretty close to unchanged. It could be worse but we’re atill in rounding error range for most people.

I find it fascinating how emotional some people get when they see data suggesting that the (at least a lot of it) tax cuts did go to middle class.

Personally I think it’s more fun to make fun of Republicans for not converting tax cuts to votes. Pretty obvious people don’t even know they got tax cuts.

This generally benefited much higher-income families with many deductions, often between $250,000 and $1 million, he said.

Anecdotally, my refund jumped about 25% vs. last year. So in a sample size of one, seems true.

MM MD

My effective tax rate, NYS+NYC+federal, was virtually unchanged. It went up a tiny bit but that’s mostly because I moved from DC to NYC middle of 2018.

Refund (I haven’t gotten any for like 20 years)) for my wife filing separately in NYC dropped by a few hundred (like 2700 to 2500) and her effective tax rate went down a little.

You had deductions of between 250K and 1 million? That seems much harder to do with the new tax code.

hobbes9324, what was your total tax rate (%) last year, and what is it this year?

Let’s cut to the point

Most poors had a lower tax burden than previous years because lower tax brackets and higher child tax credit and higher standard deduction

Most people also had smaller refunds because they don’t know what tax with holding tables are


I’ve prepared hundreds of returns this tax season and so maybe people are rolling in with a w2 of 100,000 and withholdings of 9%

I instantly know this guy is about to get bones.

No idea. - edit - looking online, it would appear I went from 33% to 32%. No state tax. (Nevada)

I just hand my stack of papers over to my accountant and he deals with it. My wife had some writeoffs from her business this year that we didn't last year, which may have had something to do with it. The fact that I got back about 25% more may have had nothing to do with the so-called tax reform.

MM MD

Huh? My refund was 25% more than my refund last year. I don't know that the deductions would be the primary reason - my income went up because I did some admin/consulting stuff, so I paid more taxes. I withhold a fair amount more than I need to for reasons that don't matter - but that could be the main reason I got more back - I sent too much to the feds in the first place.

Or not. Like most docs, I'm financially lousy/clueless. (Although I was smart enough to fully fund my pension plan and be pretty much 100% in index mutuals and bond funds, so I get to hang it up in the next few months)

MM MD

hobbes,

You responded to someone who posted this:

You actually quoted this post and then directly below the quote wrote this:

So, I was just asking if you were in the deduction range that was mentioned. Since the first quote said "often" you may or may not have been. Also it is written ambiguously as the 250K -1 million range could either be referring to income or deductions (but as written, I think the latter is a more grammatically correct interpretation).

All good. I probably misunderstood your original post - sorry. My income is between the range - not the deductions.

MM MD

I feel like the state could flip now, but it’s one of the lowest voter participatiom states in the US.

I know this tilts me and leads me to going on long rants, but how ****ing hard is it to go vote? I have liberal friends in Wisconsin who forgot to vote in the last election for the state Supreme Court (GOP won by like 5,000 votes) and I want to shake them. It’s like Democrats don’t care about anything and MUST rely on Presidential elections or GOP being so bat **** insane they finally act.

The GOP shouldn’t be able to do this well being a minority party. Their voters turn up always. I’m a middle class white male, yet I vote and care more about this than people who actually have everything to lose. People who are at risk of losing health insurance, labor rights, family members who could be deported/arrested, etc. can’t be bothered to care. Minorities and women, not accounting for voter suppression, should have an almost 100% voting rate. Period. They will always have the most to lose.

In Texas the GOP has raided and jailed organizations and individuals who that have tried to do Get Out the Vote campaigns. To register someone to vote you have to take a only held once a year training course, and then can only sign up people in your own county.

It’s not just voter suppression though. Poor people are busier than rich people. They have to work longer hours and they do everything in their life on their own instead of hiring people to help them with it. It is much harder for them than rich people to vote.

That elections aren't held on weekends or made national holidays is an atrocity.

Can you register yourself to vote in Texas or do you need someone to register you on your behalf? If the latter then heads need to roll as it is an attack on democracy itself. If the former then there is still no excuse to not register.

I get it, but take one day to register. I know it is absolute bull**** how difficult GOPers make it to vote, but God damnit your life may very well depend on getting them out of office.

I am a CPA and for a good chunk of the year I work 65-70 hours a week. I do not have a wife, I do not have a maid, I do not have anyone to help me. I do not feel like working out after a 12 hour day, but I do. I do not feel like practicing Spanish after a 13 hour day, but I do. I do not feel like doing laundry, grocery shopping, or cleaning my apartment after a 11 hour day, but I do. Some days I want to just say **** it and sit on my ass, but I don’t.

People suck at time management, but THEIR LIVES COULD DEPEND ON IT. Voting is more important than me going to the gym, but somehow I pull it off.