All Hokie, All the Time. Period.

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Hokerer

Joined: 1/5/01 Posts: 7147
Likes: 621


Here's one. From the WaPo...


"Many Americans may confuse their meager refunds as a sign that they paid more in taxes as a result of the Tax Cuts and Jobs Act. Generally, that is not true.

According to the Tax Policy Center, 80 percent of filers received a tax cut, and about 5 percent wound up paying more in federal income taxes. The tax cuts showed up in fatter weekly or biweekly paychecks for most Americans, but few people noticed, according to polling.

“There’s a difference between taxes and your refund,” said Joseph Rosenberg, a senior research associate at the Urban-Brookings Tax Policy Center at the Urban Institute. “People generally got a piece of their tax cut last year gradually in the form of lower withholding on their paychecks.”"

(In response to this post by VTSnake)

Link: Washington Post


Posted: 02/12/2019 at 1:44PM



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Current Thread:
 
  
CPA: What % of your clients are actually paying more? -- VaAkita 02/12/2019 12:10PM
  Yes 80 percent paid less in taxes -- capitals1 02/12/2019 1:12PM
  Not true ** -- 133743Hokie 02/12/2019 3:15PM
  Individual cuts expire at the end of 2025 ** -- hucareshokiesrul 02/12/2019 1:41PM
  I have a few guesses where he heard it. ** -- hokie80 02/12/2019 1:31PM
  Thanks for the narrative. ** -- hokie80 02/12/2019 1:28PM
  So I was off by a couple years. -- VTSnake 02/12/2019 2:07PM
  Oh. The. Irony. ** -- hokie80 02/12/2019 2:13PM
  What is my ilk? -- hokie80 02/12/2019 2:43PM
  He's a troll. ** -- vtbones 02/12/2019 2:24PM
  Nope. I just call out a political narrative.. -- hokie80 02/12/2019 2:39PM
  Why shouldn't the working stuff have known this? -- hokie80 02/12/2019 1:15PM
  You are correct, Roth is post tax. ** -- EDGEMAN 02/12/2019 2:32PM
  I'll let you know Feb. 27 ** -- WestyHokie 02/12/2019 1:31PM
  Psssst...they are post-tax. ** -- hokie80 02/12/2019 1:34PM
  He meant Feb 27 2020 ** -- Hokie360 02/12/2019 2:58PM
  People are stupid and only live in the moment. -- hokie80 02/12/2019 12:32PM
  Lol ** -- CPRVHokie 02/12/2019 3:36PM
  Content and context aren't your forte' -- hokie80 02/12/2019 1:30PM
  Ok ** -- CPRVHokie 02/12/2019 1:38PM
  He is so predictable and therefore fun to mess with! :) ** -- grill to chill 02/12/2019 1:08PM
  It's fun to point to point the obvious fly boy :) ** -- grill to chill 02/12/2019 3:38PM
  You don't sound snarky. -- MP4VT2004 02/13/2019 12:50AM
  I understand your premise -- RTFC 02/13/2019 10:19AM
  That's not how I understood it -- RTFC 02/12/2019 4:26PM
  Sorry, I didn't explain it very well. -- MP4VT2004 02/13/2019 12:57AM
  Media spinning it ** -- DaveVT 02/12/2019 12:36PM

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