Posted:
#51
Quote Originally Posted by Midnight1:
People who have filed their taxes early are getting a rude awakening when they see their refund checks lower than last year. Many depend on these refund checks & the outrage is going to grow exponentially IMO. Instead of getting a refund, some will have to open their checkbooks. The Tax Policy Center said with the GOP Tax Scam, 83% of the benefits of the cut went to the top 1% & the remaining 17% went to working families. I keep thinking about Trump stealing from his charitable foundation. What a POS!
People who have filed their taxes early are getting a rude awakening when they see their refund checks lower than last year. Many depend on these refund checks & the outrage is going to grow exponentially IMO. Instead of getting a refund, some will have to open their checkbooks. The Tax Policy Center said with the GOP Tax Scam, 83% of the benefits of the cut went to the top 1% & the remaining 17% went to working families. I keep thinking about Trump stealing from his charitable foundation. What a POS!
Millions of taxpayers receive no or lesser refunds due to cap on deductibles and other changes in Trump's rushed tax bill. Despite his claims, most americans don't appreciate his tax cuts because they are too small and favor the weallthy over the middle class. In 2018 midterm elections, democrats running against tax cuts gain 40 seats to take control of house of representatives. Also polls show most americans prefer higher taxes on the rich.
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