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How many of you were happy with your taxes this year after Trump's big tax cut?
I earned exactly the same amount this year as I did last year but paid about $200 more this year.
I can't believe I'm the only one with this experience, please share.

Novelty 8 Apr 22

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15 comments

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I got back about 3000 less this year than last. The tax cut favors someone with my income but the things I used to be able to claim as a contractor have changed.

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It saved my butt this time.

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Up to the point that I had my taxes done all I heard was how badly regular people were taking it in the butt because of the tax law. I figured a crucifixion was in my future. I was really surprised when the Federal tax refund was almost $2000 more than last year even though our joint income increased $1500. Apparently the new standard deduction, changes in investment taxes, my wife retiring and starting SSI and a couple of other things worked in our favor.

I still don't like trump.

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We usually get back a grand or so. This year, had to pay in another 3600. Not the lump sum payment i was looking for. No surprise, America scammed by Don the Con. Meanwhile, corporate america - where the REAL wealth resides - paid little to nothing on their profits and did not raise their people's wages in exchange. Color me shocked.

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My company paid less but I paid more due to the $10,000 state limit.

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Be careful to check what you were LIABLE for, and not what you paid or got back in a refund.

When the tax act came out, I warned our employees that I was taking less out of their paychecks...that they were getting more NOW but might pay more or get less at tax filing time. Some listened, some didn't. In reality, most of them were LIABLE for less than last year, but because they got smaller refunds, they thought they got screwed...

The difference in our company is that those making more were proportionately better off...they got the bigger cut percentage wise...so yeah...the tax act still screwed the same people...most of the middle class...

0

I earned less but paid a little more.

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I had to pay- first time since, ever??

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I normally get back around $1000.00, this year got less than $600. I am retired, on fixed income, the only change was SS went up a Tiny bit, and they started Mandatory withholding on my retirement & annuity, so I have less every month as well as the income tax hit.....you would think if they are withholding quite a bit more, my refund would be higher, but noooooooooo

0

Same. Had to pay in for the first time in years. Always had extra taken out to prevent this. But, there's not enough extra in the world to satisfy the greed of the repugs.

2

I tried to warn people about his new tax deal but all his supporters that I know told me I had no idea what I was talking about. every one of them is paying more now but they still hold out that it's not his fault. In fact, two of them blame Obama.

2

I paid more than amazon and withholding was short so paid more there. Made less paid more
STFU Donny

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I was due a refund this year. It was less than a third of last year's refund, and my salary had increased by two thirds. Fuck these new tax laws!

1

I paid triple the Federal taxes that I've been paying for years and more than double the usual to the state and no, there were no big sales, income changes, etc. Total BS! I'm still raising my kids, going solo!

Zster Level 8 Apr 22, 2019
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