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Washington DC and The Holy Land>As tax refunds shrink, Republicans scramble to defend Trump tax cut
oaklandhater 04:54 PM 02-23-2019
https://www.politico.com/story/2019/...licans-1182286

As tax refunds shrink, Republicans scramble to defend Trump tax cut

Size apparently does matter, at least when it comes to tax refunds, and that’s put Republicans on the defensive as Americans start filing their returns.

With headlines blaring about smaller refunds in the first weeks of the three-month filing season, GOP lawmakers and their supporters are working in tandem to remind people that the GOP tax overhaul cut almost everyone’s taxes last year, regardless of what their tax refunds look like this year.

But Americans are accustomed to refunds, often big ones, and IRS statistics showing they are down by an average of 17 percent so far this year have forced a reckoning that conservatives didn’t expect. Democrats are doing their best to take advantage of it and ramping up their criticism of the tax overhaul, which passed without a single Democratic vote.

The Treasury Department has taken pains to note the numbers are early, coming just a few weeks after filing officially started Jan. 28.

“As we have noted, data this early in the filing season has many aberrations and isn’t useful in drawing broad conclusions on refunds overall," a Treasury Department spokesperson said when the latest batch was released Friday night. "There are many factors that impact refunds on a weekly basis that will normalize over time and lead to useful conclusions."

But Democrats think they have the upper hand for now. “In politics, if you’re explaining you’re losing,” said one Democratic aide, who asked to remain anonymous to freely discuss internal party strategy.

Republicans are acutely aware that there's a public relations problem.

A Feb. 11 tweet from 2020 presidential aspirant Sen. Kamala Harris (D-Calif.), charging that the refund decline resulted from a middle-class tax hike under the Tax Cuts and Jobs Act, drew more attention to the issue, prompting strong Republican pushback.
[Reply]
Titty Meat 06:33 PM 02-23-2019
Originally Posted by IowaHawkeyeChief:
****ing Liar, based on your own admissions on here.

You've shared your income previously? $50k or so if I remember right, and you rent and I don't believe you are married?

Why do you want to lie? Was your refund $150 smaller or was your tax bill $150 higher?
Dude hes a sandwich artist at subway
[Reply]
Reerun_KC 06:34 PM 02-23-2019
Shrink? I got 17% more than last year.

I hate trump for more money.
[Reply]
Reerun_KC 06:35 PM 02-23-2019
Originally Posted by oaklandhater:
not mine.
:-). You broke dick loser.
[Reply]
Marcellus 06:35 PM 02-23-2019
Originally Posted by Reerun_KC:
:-). You broke dick loser.
Its hilarious when he posts how pathetic he is.
[Reply]
Reerun_KC 06:37 PM 02-23-2019
Originally Posted by -King-:
What do those dumb librulz understand?!?!
Orange man bad. Scream at sky.
[Reply]
Reerun_KC 06:38 PM 02-23-2019
Originally Posted by TambaBerry:
I made a lot more money this year then last and got 13% bigger refund this year while paying less money.
Boom. This
[Reply]
oaklandhater 06:40 PM 02-23-2019
Originally Posted by IowaHawkeyeChief:
****ing Liar, based on your own admissions on here.

You've shared your income previously? $50k or so if I remember right, and you rent and I don't believe you are married?

Why do you want to lie? Was your refund $150 smaller or was your tax bill $150 higher?
150 smaller
[Reply]
Reerun_KC 06:43 PM 02-23-2019
Rofl. $150 smaller. Rofl. Broke dick.
[Reply]
Marcellus 06:43 PM 02-23-2019
Originally Posted by oaklandhater:
150 smaller
You are one dumb motherfucker.
[Reply]
IowaHawkeyeChief 06:46 PM 02-23-2019
Originally Posted by oaklandhater:
150 smaller
So you paid approx. $1000 less in taxes but it was dispersed throughout the year in your check and you are pissed... You understand this isn't a good look for you?
[Reply]
2bikemike 06:48 PM 02-23-2019
Originally Posted by IowaHawkeyeChief:
With the reductions of 3% to 4% in most of the first 5 tax brackets and the larger income ranges, you would have had to have a huge amount of interest and taxes to have an increase. Most also have personal business expenses that have noticed an increase. However, as you said, most saw their rates go down, even with SALT deductions capped.
Last year my accountant thought I would probably break even. My State and local taxes will be above the limit. I have a fairly complicated tax return. However I have typically been in the 17-18% effective tax rate the past few years. I will definitely post one way or the other once my return is completed. That wont be until at least the middle of March.
[Reply]
mlyonsd 07:04 PM 02-23-2019
So the bigger the refund the MOAR winning is had? Is that it?
[Reply]
theoldcoach 08:21 PM 02-23-2019
How can anyone who has ever paid taxes in their life, be dumb enough to not understand that the amount of a refund check has nothing to do with how much total you paid in taxes and what your effective tax rate is?

It's an honest question......how.....can......anyone......be......that.....dumb?
[Reply]
petegz28 08:53 PM 02-23-2019
idiot op starter is idiot
[Reply]
petegz28 08:55 PM 02-23-2019
Let me make this easy for my liberal counterparts...

You got more in your check throughout the year....

That means...

You paid less in taxes throughout the year....

That means...

You didn't over pay as much as you had in previous years....

That means....

Your refund will be smaller


It's called math
[Reply]
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