Did you get a tax break this year?
Millions of Americans are paying fewer dollars to Uncle Sam in taxes this year – they just don’t realize it.
“Ever since President Trump signed the Republican-sponsored tax bill in December 2017, independent analyses have consistently found that a large majority of Americans would owe less because of the law,” reported the New York Times last week. “Preliminary data based on tax filing has shown the same.”
This opinion contradicts claims from Democrats that Trump’s tax overhaul only benefits the rich.
“To a large degree, the gap between perception and reality on the tax cuts appears to flow from a sustained – and misleading – effort by liberal opponents of the law to brand it as a broad middle-class tax increase,” admits the Times.
Despite the tax overhaul’s immediate benefits, Democrats claimed most Americans would pay more in taxes. They also complained about taxes increasing in 2026, after the law’s individual tax cuts expire.
And it worked.
“The Democrats did a very good job” convincing people they would not benefit from the tax overhaul, explains Howard Gleckman of the Tax Policy Center. “They were able to put that into the public perception, and the reality has been unable to break that perception.”
According to the Tax Policy Center, roughly 65% of Americans paid less in taxes under the GOP law; only 6% paid more and the rest saw no change.
Another factor working in the Democrats’ favor was the way the tax cuts were implemented by the IRS. Instead of giving more money back at the end of the year, fewer dollars were taken out of each paycheck.
For many, that meant a smaller tax refund check.
I like getting money back from the government just as much as the next guy, but given the option I’d rather get more money each paycheck and not owe or receive money at tax time. The problem here is that a lot of people didn’t notice the increase per paycheck, but they noticed the smaller refund check.
In my opinion, the only real issue with the policy is that it did not ‘pay for itself,’ as Trump had suggested, but added hundreds of billions of dollars to the federal deficit.
The modus operandi of the DEMONocrats: 1. Sling bullshit, (hoping something will stick)
2. RAISE our taxes. Anything other than these two things is beyond their pay grade!
NO !!! Paid more than I’ve ever paid.
THAT
So long as they keep taxing my social security at 85% I don’t get any benefit at all. And the way they screwed up the standard deduction benefit for Seniors, I actually ended up paying more.
What’s next for Seniors; Euthanasia???
.
YES-
Retired usually get around 3500.00, this year just under 1000.00
I retired about six years ago and for the first 4 years owed the feds about $1000 per year which was offset by a state refund of about $1200 per year. Last year I received refunds from both totaling about the same $1000 and this year just under $1000 from each. My wife and I file jointly with both the state and feds.
I do the payroll at our office and 4 out of our 6 employees got more money in their paycheck on a weekly basis. If you are getting a large refund, it simply means you are lending your money to the government for the year and you are getting no interest on that money.
For the first time in my life I actually received a refund!
I did not change a thing. I expected to pay around $2,000.00 as usual. Instead I received back a little more than $1,000.00!
I thank President Trump profusely for this very pleasant surprise!
Got fucking swat! Paid $4k more!
THAT’S BECAUSE YOU’RE A DEMOTURD-THEY PAY MORE-ALL REGISTERED DIMS WILL PAY MORE BECAUSE THEY DIDN’T VOTE FOR TRUMP-PERFECTLY LEGAL-ADIOS MUCHACHO
Paid much more than ever….am a retiree and senior. osidney52170@aol.com