If you were paying less each payday, and thus reduced the refund from “loaning” the money to the govt interest free, you’ve saved. Now if you were a “one percenter” benefitting from the “Trump” tax cuts— each of you saved about what 12 million people combined did.
Obama actually passed a middle class tax cut that was for the middle class. Obama did NOT forget those who others had left behind. He instituted the first every national health care over enormous opposition, established the Consumer Financial Protection Bureau that Elizabeth Warren initially proposed and shepherded through Congress, and tried to enact numerous other policies for middle class relief that were obstructed by RepubliCONs, including to protect veterans, to enact incentives for DOMESTIC job creation (and penalties for off-shoring) and more.
Trump spoke about the “forgotten man” in his inaugural rant, but his policies show that he was only going to remember billionaires, donors, Wall $treet hedge fund managers and corporate CEOs and investors. His tax cut was 100% for billionaires and corporations who already had the most, while allowing more take home pay in workers weekly/biweekly/monthly pay checks that was subtracted from the refunds that would be reduced or eliminated and paid back in taxes owed.
Workers who suckered for the Trump lie — you were warned and did not listen.
I’m sure some misguided winger will show up to grandly tell us that “your refund is smaller because you took home more each week!”
To which I would reply, “Oh, so it wasn’t really a tax cut for us, just shuffling our own money around. But I’ll bet it’s a real tax cut for the billionaires, that we get to pay for.”
Keep watching Fox News.. You.. specifically are their family.. and not forgotten.. well perhaps a bit, but never mind. Next time.. trump will really care for you
The tax “cut” for the middle class was really just a change in the withdrawal system so they had the illusion of getting more actual money. And, that will only be for a few years, then the tax bill for middle class people will expire. The same bill, however, made genuine tax cuts for the rich permanent.
And tomorrow President Andrés Manuel López Obrador is going to announce that Mexico is paying for the wall. Then Congress is going to totally repeal Affordable Care. All Trump campaign contributions that the “greatest” president is fulfilling and his supporters will hopefully remember in 2020.
So, between 2017, and 2018, my Income rose by the $29 a month Social Security increase at the beginning of 2018, but my refund went DOWN by some $500. Let’s do the math…$29 X 12 + = $348 increase in my income. $348 – $500 = -$152 that I LOST simply because of the "Tax Cut.
So, it seems the old “shell game” of reducing your withholding while ALSO reducing your deductions has finally become clear to even the Trumpian ‘simpletons’ among us – do not feel “too” sorry for the couple in the cartoon, though – they obviously have enough money to waste $35 on a baseball cap that is of the type given away as door prizes at baseball games! They may not understand how to REALLY make America great, again, but they seem to have at least an intuitive grasp of how to make Trump wealthy(er), which is at the root of the Trump Presidency!
Remember the old saying, “A fool and his money are soon parted.” There is a reason axioms such as that are STILL repeated, to this day. We’re just seeing the latest iteration of the “P.T. Barnum” mystique being played out!
If you use your taxes as an enforced savings plan, you’re ignoring the (admittedly very small) amount of interest that the Feds aren’t paying on the money you gave them too much of. Not right bright, imo. So of course, you’ll ignore the fact that The Orange Maroon got the IRS to issue new withholding rules that gave you an immediate small pay raise at the cost of delayed non-gratification.
Dtroutma about 5 years ago
If you were paying less each payday, and thus reduced the refund from “loaning” the money to the govt interest free, you’ve saved. Now if you were a “one percenter” benefitting from the “Trump” tax cuts— each of you saved about what 12 million people combined did.
DD Wiz Premium Member about 5 years ago
Obama actually passed a middle class tax cut that was for the middle class. Obama did NOT forget those who others had left behind. He instituted the first every national health care over enormous opposition, established the Consumer Financial Protection Bureau that Elizabeth Warren initially proposed and shepherded through Congress, and tried to enact numerous other policies for middle class relief that were obstructed by RepubliCONs, including to protect veterans, to enact incentives for DOMESTIC job creation (and penalties for off-shoring) and more.
Trump spoke about the “forgotten man” in his inaugural rant, but his policies show that he was only going to remember billionaires, donors, Wall $treet hedge fund managers and corporate CEOs and investors. His tax cut was 100% for billionaires and corporations who already had the most, while allowing more take home pay in workers weekly/biweekly/monthly pay checks that was subtracted from the refunds that would be reduced or eliminated and paid back in taxes owed.
Workers who suckered for the Trump lie — you were warned and did not listen.
Those who did listen get my heartfelt sympathy.
Skylark about 5 years ago
Just what has your “savior” done for YOU lately???
kaffekup about 5 years ago
I’m sure some misguided winger will show up to grandly tell us that “your refund is smaller because you took home more each week!”
To which I would reply, “Oh, so it wasn’t really a tax cut for us, just shuffling our own money around. But I’ll bet it’s a real tax cut for the billionaires, that we get to pay for.”
WestNYC Premium Member about 5 years ago
Let’s hope the MAGA crowd doesn’t vote in 2020, the country would be better off.
walfishj about 5 years ago
Facts: 1. Most of the people on welfare are white. 2. To get a refund, one must earn money.
Huckleberry Hiroshima about 5 years ago
Well you’ve got that nice old TV to keep you warm in the Winter. Stop complaining.
phredturner about 5 years ago
But you’re a racist, so you’ve still got alot going for you. And Fox News will keep you pumped up binky.
wolfhoundblues1 about 5 years ago
When are you people going to wake up?
DBrannonWriter Premium Member about 5 years ago
Not so much forgotten as played.
Radish the wordsmith about 5 years ago
Ha ha, snerk, you get what you vote for, orange face disaster.
Alberta Oil Premium Member about 5 years ago
Keep watching Fox News.. You.. specifically are their family.. and not forgotten.. well perhaps a bit, but never mind. Next time.. trump will really care for you
Diane Lee Premium Member about 5 years ago
The tax “cut” for the middle class was really just a change in the withdrawal system so they had the illusion of getting more actual money. And, that will only be for a few years, then the tax bill for middle class people will expire. The same bill, however, made genuine tax cuts for the rich permanent.
mourdac Premium Member about 5 years ago
And tomorrow President Andrés Manuel López Obrador is going to announce that Mexico is paying for the wall. Then Congress is going to totally repeal Affordable Care. All Trump campaign contributions that the “greatest” president is fulfilling and his supporters will hopefully remember in 2020.
Masterskrain Premium Member about 5 years ago
So, between 2017, and 2018, my Income rose by the $29 a month Social Security increase at the beginning of 2018, but my refund went DOWN by some $500. Let’s do the math…$29 X 12 + = $348 increase in my income. $348 – $500 = -$152 that I LOST simply because of the "Tax Cut.
Thanks, you orange liar…
wellis1947 Premium Member about 5 years ago
So, it seems the old “shell game” of reducing your withholding while ALSO reducing your deductions has finally become clear to even the Trumpian ‘simpletons’ among us – do not feel “too” sorry for the couple in the cartoon, though – they obviously have enough money to waste $35 on a baseball cap that is of the type given away as door prizes at baseball games! They may not understand how to REALLY make America great, again, but they seem to have at least an intuitive grasp of how to make Trump wealthy(er), which is at the root of the Trump Presidency!
Remember the old saying, “A fool and his money are soon parted.” There is a reason axioms such as that are STILL repeated, to this day. We’re just seeing the latest iteration of the “P.T. Barnum” mystique being played out!
nz4m60 about 5 years ago
MAGA? Just guess who pays?!?
Concretionist about 5 years ago
If you use your taxes as an enforced savings plan, you’re ignoring the (admittedly very small) amount of interest that the Feds aren’t paying on the money you gave them too much of. Not right bright, imo. So of course, you’ll ignore the fact that The Orange Maroon got the IRS to issue new withholding rules that gave you an immediate small pay raise at the cost of delayed non-gratification.
Redd Panda about 5 years ago
Quote the trumpis : “Never give a Sucker an even break.”
Andylit Premium Member about 5 years ago
Grow up. Get honest. Add up the increase in your take home pay over 2018 and compare that number to the reduction in your refund.
You will find that the “extra” in your pay checks adds up to far more than the reduction in your refund.
NeoconMan about 5 years ago
^ Quite right; the difference for me was $400,000. How did YOU make out?
NeoconMan about 5 years ago
What, nothing? You must be one of those poor working schlubs.